Answer:
the answer is 332
Step-by-step explanation:
quizlet
Present value = 2200
interest rates =5% for 3 years, and 4% afterwards
no. of periods = 7
Future value=2200*(1.05)^3(1.04)^(7-3)
=<span>£</span>2979.367 (please round to appropriate number of decimals)
Answer:
C.x2 + 12x + 4x + 48
Step-by-step explanation:
If you don't double check your answers by substituting them back into the original equation, you may be introducing extraneous solutions into the problem which is why you should always check to confirm your answer is accurate. I hope this helps! :)
Answer: We reject the null hypothesis, and we use Normal distribution for the test.
Step-by-step explanation:
Since we have given that
We claim that
Null hypothesis : 
Alternate hypothesis : 
There is 5% level of significance.

So, the test statistic would be

Since alternate hypothesis is left tailed test.
So, p-value = P(z≤-2.31)=0.0401
And the P-value =0.0401 is less than the given level of significance i.e. 5% 0.05.
So, we reject the null hypothesis, and we use Normal distribution for the test.