From September 20 to January 20, there are 4 months only which is equivalent to 1/3 of a year. The interest earned by the investment, P, made is calculated
I = P x i x n
where I is the interest, P is the principal amount, i is the interest rate, and n is the number of years. Substituting the known values,
I = ($7000)(0.08)(1/3)
I = $186.67
Hence, the answer to this item is $186.67.
Answer:
Here, Convenience sampling is used by the poll
Explanation:
Convenience sampling also called as opportunity, grab or accidental sampling is a kind of non-likelihood testing that includes the sample being drawn from that piece of the populace that is near hand. This sort of sampling is most valuable for pilot testing.
Convenience sampling is a procedure used to make sample according to straightforward entry, readiness to be a sample's part , accessibility at a given scheduled slot.
So, this method of sampling is biased and don't results in desired outcomes.
