Answer: 64 years
Step-by-step explanation:
Let assume the dealer sold the bottle now for $P, then invested that money at 5% interest. The return would be:
R1 = P(1.05)^t,
This means that after t years, the dealer would have the total amount of:
$P×1.05^t.
If the dealer prefer to wait for t years from now to sell the bottle of wine, then he will get the return of:
R2 = $P(1 + 20).
The value of t which will make both returns equal, will be;
R1 = R2.
P×1.05^t = P(1+20)
P will cancel out
1.05^t = 21
Log both sides
Log1.05^t = Log21
tLog1.05 = Log21
t = Log21/Log1.05
t = 64 years
The best time to sell the wine is therefore 64years from now.
Answer:
46,189
Step-by-step explanation:
The prime numbers that are less than 20 are :
1,2,3,5,7,11,13,17,19
to get the greatest value, we multiply the four numbers with the largest values i.e
11 x 13 x 17 x 19 = 46,189
Answer:
<h2>-1</h2>
Step-by-step explanation:
Answer:
The null and alternative hypothesis for this test are
Step-by-step explanation:
If we perform a hypothesis test, we can reject or not reject the null hypothesis.
To conclude that the tires have a decreased stopping distance (μ<215), we should state the null hypothesis 
and then go on with the analysis to reject it (or not).
If the null hypothesis is rejected, the claim of the manufacturer is rigth.
The alternative hypothesis would be 
, that would turn rigth if the null hypothesis is rejected.
