In a random sample of 150 customers of a high-speed internet provider, 63 said that their service had been interrupted one or more times in the past month. Find a 95% confidence interval for the proportion of customers whose service was interrupted one or more times in the past month.

Answers

Answer 1

Answer:

The correct answer is "0.3410, 0.4990".

Step-by-step explanation:

Given values are:

[tex]n=150[/tex]

[tex]p=\frac{63}{150}[/tex]

  [tex]=0.42[/tex]

At 95% confidence interval,

C = 95%

z = 1.96

As we know,

⇒ [tex]E=z\sqrt{\frac{p(1-p)}{n} }[/tex]

By substituting the values, we get

       [tex]=1.96\sqrt{\frac{0.42\times 0.58}{150} }[/tex]

       [tex]=1.96\sqrt{\frac{0.2436}{150} }[/tex]

       [tex]=0.0790[/tex]

hence,

The confidence interval will be:

= [tex]p \pm E[/tex]

= [tex]0.42 \pm 0.079[/tex]

= [tex](0.3410,0.4990)[/tex]


Related Questions

In rectangle ABCD shown below, CD = 24 and m angle ABD = 35º. Determine the length of diagonal line BD to the nearest tenth. Show the work that leads to your answer.

Answers

Answer:

BD = 29.3

Step-by-step explanation:

Each half of the rectangle is a right triangle.

The diagonal is the hypotenuse of each right triangle.

Let's focus on right triangle ABD

Reference angle = m<ABD = 35°

AB = CD = 24

Adjacent length = AB = 24

Diagonal = Hypotenuse = BD

To find BD, apply CAH:

Cos 35° = Adj/Hyp

Substitute

Cos 35° = 24/BD

BD × Cos 35° = 24

BD = 24/Cos 35°

BD = 29.3 (nearest tenth)

Gỉaỉ pt
2x^2×(2x^2+3)=2-x^2 ai giải giúp vs

Answers

2x²×(2x²+3)=2-x²

[tex]x = \frac{1}{2} , - \frac{1}{2} ,i \sqrt{2} , - i \sqrt{2} [/tex]

put these numbers in order of size, smallest to largest 4.5,-1,-3,-3.5,3

Answers

Answer:

-3.5, -3, -1, 3, 4.5

Step-by-step explanation:

Answer:

-3.5, -3, -1, 3, 4.5 because the higher the negative is, the lower the number.

Jerry borrow $35,00 for 3 years at 7 1/2% simple interest rate how much interest rate he have to pay​

Answers

Answer:

787.50

Step-by-step explanation:

interest=principle*rate*time/100

interest=3500*7.5*3/100

interest=35*7.5*3

interest=787.50

Annual windstorm losses, X and Y, in two different regions are independent, and each is uniformly distributed on the interval [0, 10]. Calculate the covariance of X and Y, given that X+ Y < 10.

Answers

Answer:

[tex]Cov(X,Y) = -\frac{ 25}{9}[/tex]

Step-by-step explanation:

Given

[tex]Interval =[0,10][/tex]

[tex]X + Y < 10[/tex]

Required

[tex]Cov(X,Y)[/tex]

First, we calculate the joint distribution of X and Y

Plot [tex]X + Y < 10[/tex]

So, the joint pdf is:

[tex]f(X,Y) = \frac{1}{Area}[/tex] --- i.e. the area of the shaded region

The shaded area is a triangle that has: height = 10; width = 10

So, we have:

[tex]f(X,Y) = \frac{1}{0.5 * 10 * 10}[/tex]

[tex]f(X,Y) = \frac{1}{50}[/tex]

[tex]Cov(X,Y)[/tex] is calculated as:

[tex]Cov(X,Y) = E(XY) - E(X) \cdot E(Y)[/tex]

Calculate E(XY)

[tex]E(XY) =\int\limits^X_0 {\int\limits^Y_0 {\frac{XY}{50}} \, dY} \, dX[/tex]

[tex]X + Y < 10[/tex]

Make Y the subject

[tex]Y < 10 - X[/tex]

So, we have:

[tex]E(XY) =\int\limits^{10}_0 {\int\limits^{10 - X}_0 {\frac{XY}{50}} \, dY} \, dX[/tex]

Rewrite as:

[tex]E(XY) =\frac{1}{50}\int\limits^{10}_0 {\int\limits^{10 - X}_0 {XY}} \, dY} \, dX[/tex]

Integrate Y

[tex]E(XY) =\frac{1}{50}\int\limits^{10}_0 {\frac{XY^2}{2}}} }|\limits^{10 - X}_0 \, dX[/tex]

Expand

[tex]E(XY) =\frac{1}{50}\int\limits^{10}_0 {\frac{X(10 - X)^2}{2} - \frac{X(0)^2}{2}}} }\ dX[/tex]

[tex]E(XY) =\frac{1}{50}\int\limits^{10}_0 {\frac{X(10 - X)^2}{2}}} }\ dX[/tex]

Rewrite as:

[tex]E(XY) =\frac{1}{100}\int\limits^{10}_0 X(10 - X)^2\ dX[/tex]

Expand

[tex]E(XY) =\frac{1}{100}\int\limits^{10}_0 X*(100 - 20X + X^2)\ dX[/tex]

[tex]E(XY) =\frac{1}{100}\int\limits^{10}_0 100X - 20X^2 + X^3\ dX[/tex]

Integrate

[tex]E(XY) =\frac{1}{100} [\frac{100X^2}{2} - \frac{20X^3}{3} + \frac{X^4}{4}]|\limits^{10}_0[/tex]

Expand

[tex]E(XY) =\frac{1}{100} ([\frac{100*10^2}{2} - \frac{20*10^3}{3} + \frac{10^4}{4}] - [\frac{100*0^2}{2} - \frac{20*0^3}{3} + \frac{0^4}{4}])[/tex]

[tex]E(XY) =\frac{1}{100} ([\frac{10000}{2} - \frac{20000}{3} + \frac{10000}{4}] - 0)[/tex]

[tex]E(XY) =\frac{1}{100} ([5000 - \frac{20000}{3} + 2500])[/tex]

[tex]E(XY) =50 - \frac{200}{3} + 25[/tex]

Take LCM

[tex]E(XY) = \frac{150-200+75}{3}[/tex]

[tex]E(XY) = \frac{25}{3}[/tex]

Calculate E(X)

[tex]E(X) =\int\limits^{10}_0 {\int\limits^{10 - X}_0 {\frac{X}{50}}} \, dY} \, dX[/tex]

Rewrite as:

[tex]E(X) =\frac{1}{50}\int\limits^{10}_0 {\int\limits^{10 - X}_0 {X}} \, dY} \, dX[/tex]

Integrate Y

[tex]E(X) =\frac{1}{50}\int\limits^{10}_0 { (X*Y)|\limits^{10 - X}_0 \, dX[/tex]

Expand

[tex]E(X) =\frac{1}{50}\int\limits^{10}_0 ( [X*(10 - X)] - [X * 0])\ dX[/tex]

[tex]E(X) =\frac{1}{50}\int\limits^{10}_0 ( [X*(10 - X)]\ dX[/tex]

[tex]E(X) =\frac{1}{50}\int\limits^{10}_0 10X - X^2\ dX[/tex]

Integrate

[tex]E(X) =\frac{1}{50}(5X^2 - \frac{1}{3}X^3)|\limits^{10}_0[/tex]

Expand

[tex]E(X) =\frac{1}{50}[(5*10^2 - \frac{1}{3}*10^3)-(5*0^2 - \frac{1}{3}*0^3)][/tex]

[tex]E(X) =\frac{1}{50}[5*100 - \frac{1}{3}*10^3][/tex]

[tex]E(X) =\frac{1}{50}[500 - \frac{1000}{3}][/tex]

[tex]E(X) = 10- \frac{20}{3}[/tex]

Take LCM

[tex]E(X) = \frac{30-20}{3}[/tex]

[tex]E(X) = \frac{10}{3}[/tex]

Calculate E(Y)

[tex]E(Y) =\int\limits^{10}_0 {\int\limits^{10 - X}_0 {\frac{Y}{50}}} \, dY} \, dX[/tex]

Rewrite as:

[tex]E(Y) =\frac{1}{50}\int\limits^{10}_0 {\int\limits^{10 - X}_0 {Y}} \, dY} \, dX[/tex]

Integrate Y

[tex]E(Y) =\frac{1}{50}\int\limits^{10}_0 { (\frac{Y^2}{2})|\limits^{10 - X}_0 \, dX[/tex]

Expand

[tex]E(Y) =\frac{1}{50}\int\limits^{10}_0 ( [\frac{(10 - X)^2}{2}] - [\frac{(0)^2}{2}])\ dX[/tex]

[tex]E(Y) =\frac{1}{50}\int\limits^{10}_0 ( [\frac{(10 - X)^2}{2}] )\ dX[/tex]

[tex]E(Y) =\frac{1}{50}\int\limits^{10}_0 [\frac{100 - 20X + X^2}{2}] \ dX[/tex]

Rewrite as:

[tex]E(Y) =\frac{1}{100}\int\limits^{10}_0 [100 - 20X + X^2] \ dX[/tex]

Integrate

[tex]E(Y) =\frac{1}{100}( [100X - 10X^2 + \frac{1}{3}X^3]|\limits^{10}_0)[/tex]

Expand

[tex]E(Y) =\frac{1}{100}( [100*10 - 10*10^2 + \frac{1}{3}*10^3] -[100*0 - 10*0^2 + \frac{1}{3}*0^3] )[/tex]

[tex]E(Y) =\frac{1}{100}[100*10 - 10*10^2 + \frac{1}{3}*10^3][/tex]

[tex]E(Y) =10 - 10 + \frac{1}{3}*10[/tex]

[tex]E(Y) =\frac{10}{3}[/tex]

Recall that:

[tex]Cov(X,Y) = E(XY) - E(X) \cdot E(Y)[/tex]

[tex]Cov(X,Y) = \frac{25}{3} - \frac{10}{3}*\frac{10}{3}[/tex]

[tex]Cov(X,Y) = \frac{25}{3} - \frac{100}{9}[/tex]

Take LCM

[tex]Cov(X,Y) = \frac{75- 100}{9}[/tex]

[tex]Cov(X,Y) = -\frac{ 25}{9}[/tex]

Should I get my nose pierced??

Answers

Answer:

no...you can just use a clip on

Answer:

it's absolutely worth it. The pain of getting one isn't that bad, at least for me. It's just a quick pinch. It'll look so good. Just make sure you are also cleaning it.

Step-by-step explanation:

Suppose that you have a square pyramid like the one pictured. Which plane section will produce a triangle?
Question 7 options:

A)

A cut parallel to the vertical axis, directly through the vertical axis

B)

A cross section cut parallel with the bottom

C)

A cut parallel to the vertical axis, but off the vertical axis

D)

Cutting off one of the bottom corners

Answers

Your answer would be C

Byron is working in a lab testing bacteria populations. After starting out with a population of 288 bacteria, he observes the change in population and notices that the population triples every 16 minutes. Step 1 of 2 : Find the equation for the population P in terms of time t in minutes. Round values to three decimal places.

Answers

Answer:

[tex]P = 288 * 3^{(\frac{t}{16}) }[/tex]

Step-by-step explanation:

According to the Question,

Given that, Byron is working in a lab testing bacteria populations. After starting out with a population of 288 bacteria, he observes the change in population and notices that the population triples every 16 minutes.Therefore, the equation for the population P in terms of time t in minutes is

        [tex]P = 288 * 3^{(\frac{t}{16}) }[/tex] .  

The graph represents function 1, and the equation represents function 2: A coordinate plane graph is shown. A horizontal line is graphed passing through the y-axis at y = 4. Function 2 y = 8x + 12 How much more is the rate of change of function 2 than the rate of change of function 1? (4 points) Select one: a. 3 b. 4 c. 5 d. 8

Answers

Answer:

A

Step-by-step explanation:

Solve the system of equations by substitution:
3n + 5m = 7
m - 4n = 6

Answers

Answer:

m=2, n=-1 or (2,-1)

Step-by-step explanation:

Hi there!

We're given this system of equations:

3n+5m=7

m-4n=6

we want to solve by substitution; in one equation, we'll set one variable to equal an expression containing the other variable, substitute that expression as the variable into the other equation, solve for the variable substituted, and use the value of that variable to find the other variable

First, let's get the expression we'll substitute into the other

let's use m-4n=6 as it has 1m (m by itself)

add 4n to both sides

m=4n+6

now substitute 4n+6 as m into 3n+5m=7 to solve for n

3n+5(4n+6)=7

do the distributive property

3n+20n+30=7

combine like terms

23n+30=7

subtract 30 from both sides

23n=-23

divide both sides by 23

n=-1

we found the value of n

now let's substitute -1 as n in m=4n+6 to find the value of m

m=4(-1)+6

multiply

m=-4+6

add

m=2

so the answer is m=2, n=-1. As a point, it's (2,-1)

Hope this helps! :)

Which expression is equivalent to:
-(4a-4b)

-4a-4b
-8a+4b
-8ab
-4a+4b

Answers

Step-by-step explanation:

-4a+4b is equivalent to -(4a-4b).

hope it helpsstay safe healthy and happy..
Answer: -4a+4b


Explanation: This question is essentially asking you to distribute, and find the choice that matches your answer. When distributing in this equation, it is important to remember that the number outside of the parentheses is a -1, even if only a - sign is shown. -(4a-4b) is going to be distributed by multiplying -1•4a and -1•-4b. Keep in mind that when multiplying, a negative and a positive equals a negative, and a negative and a negative equals a positive. By doing so, your final result will be -4a+4b.


Hope this helps! Comment below for more questions.

Use the tax table to help answer the following question.
If the wages are. And the number of withholding allowances dalmedish
0 1
But less
2 3 4 5 6 7 8 9 10+
At least
than
The amount of income tax withheld is
80
26
14
1
0
0
0
0
0
83
820
720
740
6244
740 760
47 28 16 3 0 0 0 0 0
760 780 86 68 50 31 18 5 o o o o o
780 800 89 71 53 34 20 . . . .
800
92 74 56 37 22 9 . a . o o
820 840 95 77 59 40 24 11 oo
840 860 98 80 62 43 26
Luce is single and making $763 biweekly. She claims no federal withholding
allowances. If the state tax is 19% of the federal tax, how much in state tax de
Luce contribute?
a.
$12.92
0
0
13
1
0
0
0
0
b.
$15.13
c.
$15.77
d.
$16.34
1

Answers

9514 1404 393

Answer:

  d.  $16.34

Step-by-step explanation:

Luce's income of 763 is between 760 and 780, so the third row of the table applies. Her allowances are 0, so the first column applies, indicating her federal tax withholding is $86.

Her state tax withholding is 19% of that amount, so is ...

  19% × $86 = $16.34 . . . . matches choice D

The amount in state tax that Lucy will contribute is D. $16.34.

How to calculate the tax?

Tax simply means a compulsory levy that's paid to the government by individuals and organizations.

In this case, the tax amount that will be paid will be:

= 19% × $86

= $16.34

In conclusion, the correct option is $16.34.

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Find the missing length indicated

Answers

x = 65

Step-by-step explanation:

cos theta = 25/x

cos theta = x/169

25/x = x/169

x² = 169 x 25

x = 65

The missing length x = 65, using the Pythagoras Theorem.

What is the Pythagoras Theorem?

According to the Pythagoras Theorem, in a right triangle, the square of the hypotenuse is equal to the sum of the squares of the legs.

How to solve the question?

In the question, we are asked to find the value of x.

In the right triangle ABC, by Pythagoras' Theorem,

AC² + BC² = AB²,

or, x² + BC² = (144 + 25)²,

or, BC² = 169² - x² ... (i).

In the right triangle ACD, by Pythagoras Theorem,

AD² + DC² = AC²,

or, 25² + DC² = x²,

or, DC² = x² - 25² ... (ii).

In the right triangle BCD, by Pythagoras Theorem,

BD² + DC² = BC²,

or, 144² + x² - 25² = 169² - x² {Substituting BC² = 169² - x² from (i) and DC² = x² - 25² from (ii)},

or, x² + x² = 169² + 25² - 144² {Rearranging},

or, 2x² = 28561 + 625 - 20736,

or, 2x² = 8450,

or, x² = 4225,

or, x = √4225 = 65.

Thus, the missing length x = 65, using the Pythagoras Theorem.

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Please help kdkeoeieiei

Answers

Answer:

NEGATIVE

Step-by-step explanation:

Answer:

positive

Step-by-step explanation:

positive

PLZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZ HELP MEEEEEEEEEEEEE OUTTTTTTTTTTTTTTTTTTTT I DO ANYTHING



Emma and Zeke own an on-line business, EZ Coasters, that sells cork beverage coasters, which can be bought plain or with logos. The price for both types of coasters is $3.00 each. There is also a one-time set-up charge of $25 for coasters with a logo.



1) Write an equation describing the relationship between:

a) The number of plain coasters bought and the cost of the coasters.


b) The number of coasters with a logo bought and the price of the coasters.


c) Is either coaster relationship proportional? Explain in writing how you know.


d) Explain what the unit rate of the line described by each equation means in the context of the coasters.


2) EZ Sales also sells plain natural sandstone coasters for $4.00 each.

a) Write the equation describing this relationship.

b) Indicate whether or not it is a proportional relationship and explain why?

c) Will the graph of this equation ever intersect the graph of the equations for either of the other two EZ Coasters? Explain in typing how you made your decision.

Answers

Answer:

6

Step-by-step explanation:

Answer:

Q1.

a. y = 3x + 0

b. y = 3x + 25

c. Plain is proportional because the y-intercept is zero.

d. It shows the cost of each coaster.

Q2

a. y = 4x + 0

b. It is proportional since the y-intercept is zero.

c. No the graph will never intersect because the equations in combination will result in parallel lines since there is a slight variation in the cost of EZ Coaters

An American tourist visits South Africa with $3000. The exchange rate when she arrives is
$1 = 12.90. She changes all her dollars into rands and then spends R900 per day for seven
days. She changes the rands she has left back into dollars at a rate of $1 = R12.93. How much
does she get in dollars? show your working.​

Answers

9514 1404 393

Answer:

  $2505.80

Step-by-step explanation:

After the first exchange, the tourist has ...

  $3000(12.90 R/$) = R38,700

After 7 days, she has ...

  R38,700 -7(R900) = R32,400

After the second exchange, she has ...

  R32,400 × ($1/R12.93) = $2505.80

She gets $2505.80 at the second exchange.

Pleeeeeeeese help me I will mark you as brainliest

Answers

[tex] \orange{\underline{\huge{\bold{\textit{\green{\bf{QUESTION}}}}}}} [/tex]

FIND THE NUMBER THAT MAKE EQUIVALENT FRACTION.

[tex] \huge\mathbb{\red A \pink{N}\purple{S} \blue{W} \orange{ER}}[/tex]

[tex] \red{solved} \\ \frac{4}{ \cancel{5}} = \frac{x}{ \cancel{40}^{ \: \: \: \tiny{8}} } \\ 8 \times 4 = x \\ 32 = x[/tex]

[tex] \blue{Part - 1} \\ \frac{4}{ \cancel{6}} = \frac{x}{ \cancel{24}^{ \: \: \: \tiny{4}} } \\ 4\times 4 = x \\ 16 = x[/tex]

[tex] \green{Part - 2} \\ \frac{1}{ 2} = \frac{6}{ x } \\ 6 \times 2 = x \\ 12 = x[/tex]

SOLVE LIKE THIS FOR ALL

PART - 3 --> 12

PART - 4--> 40

PART - 5 --> 6

PART - 6--> 4

PART - 7 --> 54

PART - 8 --> 12

PART - 9--> 36

PART - 10 --> 28

PART - 11--> 20

PART - 12 --> 28

PART - 13 --> 16

PART - 14 --> 20

PART - 15 --> 12

PART - 16 --> 6

PART - 17 --> 32

PART - 18--> 30

PART - 19 --> 27

PART - 20 --> 36

18 = [(-2) + (-1)] =
6
(-24)
(-6)
giving out brainliest ​

Answers

Answer:

[tex]x = -6[/tex]

Step-by-step explanation:

[tex]18 = [(-2) + (-1)]x[/tex]

Required

Find x

Remove the inner brackets

[tex]18 = [-2-1]x[/tex]

[tex]18 = [-3]x[/tex]

Remove the square bracket

[tex]18 = -3x[/tex]

Divide both sides by -3

[tex]\frac{18}{-3} = x[/tex]

[tex]x = -6[/tex]

The measures of the angles of the triangle are 32°, 53º,
950. Based on the side lengths, what are the measures
of each angle?
m2A = 95°, mZB = 53º, mZC = 32°
MZA= 32º, mzB = 53º, mZC = 95°
MZA= 43º, mZB = 32°, m2C = 95°
OmZA= 53º, m B = 95°, m2C = 32°

Answers

Answer:

m∠A = 32°

Step-by-step explanation:

8^2 = 12^2 + 15^2 - 2*12*15*cosA

Answer:

B

Step-by-step explanation:

did it on edge

I need help on this question

Answers

1. a
2. c
3. b
hope this helps!

In a math class, there are 6 students with brown hair, 8 students with black hair, and 9 students with blonde hair? One student is selected at random. What is the sample space? *
Brown, black .
Black, blonde.
Brown, black, blonde.
Brown, blonde.

Answers

Answer:  C) Brown, black, blonde.

Explanation:

The sample space is simply the list of possible outcomes. We list all the hair colors possible in this class.

What is the domain and range of the relation [(1, -8), (-7,8), (-3, 7). (-3, -5]?​

Answers

Step-by-step explanation:

domain = {-7, -3, 1}

range ={-8, -5, 7, 8}

What is the radius of a sphere with a volume of 11411 m ^3 to the nearest tenth of a meter

Answers

Answer:

r = 22.5

Step-by-step explanation:

[tex]V=\frac{4}{3} \pi r^{3}[/tex]

[tex]11411=\frac{4}{3} \pi r^{3}[/tex]

[tex]r^{3}=3(\frac{11411}{3})[/tex]

[tex]r^{3}=11411[/tex]

∛r³ = ∛11411

r = 22.5134076467

22.5134076467 rounded to the nearest tenth is 22.5

Answer:

its 14

Step-by-step explanation:

One card is selected from a deck of cards. Find the odds against drawing a 5

Answers

The answer would be 1/12 you get one chance out of the 12 cards in a suite

What is the period of the graph of y = 5 sin (πx) + 4?

Answers

Answer:

I think it’s 2 hope my answer was good have a nice day as well

Step-by-step explanation:

The period of the given function y = 5 sin (πx) + 4 is π.

We have given that,

y = 5 sin (πx) + 4

We have to determine the period

What is the period?

The period of the sine curve is the length of one cycle of the curve. The natural period of the sine curve is 2π.

Therefore the period of the given function is π.

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Find a mathematical model for the below statement. (Use k for the constant of proportionality.) The gravitational attraction F between two objects of masses m1 and m2 is jointly proportional to the masses and inversely proportional to the square of the distance r between the objects.

Answers

Answer:

[tex]F = k\frac{m_1m_2}{r^2}[/tex]

Step-by-step explanation:

Direct proportional:

Multiplication

Inverse proportional:

Division

The gravitational attraction F between two objects of masses m1 and m2 is jointly proportional to the masses

This means that:

[tex]F = k\frac{m_1m_2}{}[/tex]

Inversely proportional to the square of the distance r between the objects.

Denominator is [tex]r^2[/tex]. Thus:

[tex]F = k\frac{m_1m_2}{r^2}[/tex]

find the equation of the line perpendicular to the given line, through the given point x=-3; (1,8)

Answers

Answer:

y = 8

General Formulas and Concepts:

Algebra I

Coordinates (x, y)

Slope-Intercept Form: y = mx + b

m - slope b - y-intercept

Step-by-step explanation:

Step 1: Define

Identify

[Line] x = -3

Point (1, 8)

Step 2: Find Perpendicular Line

A vertical line's slope is undefined.

The negative reciprocal of an undefined slope is 0.

Define perpendicular slope:                                                                          m = 0Substitute in m [Slope-Intercept Form]:                                                          y = 0x + bSimplify:                                                                                                               y = b

Given point (1, 8), our y-value is equal to 8.

∴ the perpendicular line is y = 8.

Pls solve this question:
it is about Square and square roots
if u answer, then I will mark you as brilliant

Answers

Answer:

2.3

Step-by-step explanation:

A number when squarerooted squared will be come that number.

In formula terms, it is something like that:

[tex]\sqrt{x} X \sqrt{x} =x[/tex]

So…

[tex]\sqrt{2.3} X \sqrt{2.3} = 2.3[/tex]

can anyone help me in this questions​

Answers

Answer:

Step-by-step explanation:

The exponential regression equation y=307.60(1.11)^x models the dollar value of a retirement fund after x years. Which is best estimate for the value of the retirement fund after 6 years, if no additional deposits or withdrawals are made. ?

A. $310

B. $580

C. $1,880

D. $2,050

Answers

Answer:

B. $580

Step-by-step explanation:

Value of the retirement fund after x years:

The value of the retirement fund after x years is given by the following function:

[tex]y(x) = 307.6(1.11)^x[/tex]

Which is best estimate for the value of the retirement fund after 6 years, if no additional deposits or withdrawals are made?

This is y(6). So

[tex]y(6) = 307.6(1.11)^6 = 575.34[/tex]

Close to $580, and thus, the correct answer is given by option B.

Answer:

B. $580 is best estimate for the value of the retirement fund after 6 years, if no additional deposits or withdrawals are made.

Thus it is little close to answer because actual answer is $575.34.

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