<span>-4 + -7 (-2)
= -4 + 14 (a negative multiplies a negative equal positive)
= 10</span>
The "rule of 72" says that the doubling time in years is approximately 72 divided by the interest rate in percent. To make the money grow by a factor of 4 requires that it double twice, so will take twice as long as the period to double once.
2×72/11.3 ≈ 12.7 . . . . years
_____
The "rule of 72" is an approximation. The actual quadrupling time for this interest rate and compounding is about 12.6 years. (The actual product of doubling time and nominal interest rate is about 71.25.)
Answer:
f(x) = 3(2)^x
Step-by-step explanation:
The Table is:
<u>x</u> <u>f(x)</u>
-2 3/4
-1 3/2
0 3
1 6
2 12
The exponential funtion has the next form:
f(x) = a(b)^x
At x = 0, f(x) = a. Then, a = 3
Isolating b from the equation:
f(x)/a = b^x
ln(f(x)/a) = x*ln(b)
[ln(f(x)/a)]/x = ln(b)
At x = 1, f(x) = 6. Then:
[ln(6/3)]/1 = ln(b)
ln(2) = ln(b)
2 = b
Therefore, the function is f(x) = 3(2)^x
Answer:
H0: sigma=12
H1:sigma≠12
This hypothesis test is a two tailed test.
Step-by-step explanation:
The null value described in the statement is 12 mg. So, the null hypothesis would be sigma=12. As the statement states that whether there is sufficient evidence to conclude that standard deviation differs from 12 mg, so the alternative hypothesis would be sigma ≠12. The alternative hypothesis contains inequality sign so, the hypothesis test is a two tailed test.
The students would show no regard for the money being spent because it is not their money