Hi there
If the amount deposited at (end) of each year, use the formula of the (future/present) value of annuity ordinary
If the amount deposited at the (beginning) of each year use the formula of the (future/present) value of annuity due
So
FvAo=5,000×(((1+0.0245)^(5)−1)
÷(0.0245))
=26,255.38...answer
Hope it helps
Answer:
Step-by-step explanation:
Hello!
a)
The dependent variable is
Y: length of a dugong
The explanatory variable is
X: age of a dugong
You need to estimate the linear regression of the length of the dugongs as a function of their age.
Using the given data I've estimated the regression using a statistic software:
The regression model is E(Yi)= α + βXi
The estimated model is ^Yi= a + bXi
Where a is the estimate of the intercept and b is the estimate of the slope:
a= 2.02
b= 0.03
And the estimate of the population variance of the error is Se²= 0.03
The estimated regression equation is ^Yi= 2.02 + 0.03Xi
b)
You have to estimate the length of a dugong when its age is 11 years using the model, for this all you have to do is replace X=11 in the regression line and calculate the corresponding ^Y value:
^Yi= 2.02 + 0.03*11= 2.35
The average length of an 11-year-old dugong should be 2.35.
I hope it helps!
The line of the equation perpendicular to y=5 and cuts through (-5,-7) will be given by
m(x-x1)=y-y1
where m=slope.
from y=0x+5, the slope of the perpendicular line m=0,
thus the equation will be:
0(x--5)=y--7
0=y+7
y=-7
The equation is y=-7
