Three brands of batteries are under study. It is s suspected that the lives (in weeks) of the three brands are different. Five randomly selected batteries of each brand are tested with the following results: Weeks of Life Brand 1 Brand 2 Brand 3 100 76 108 96 80 100 92 75 96 96 84 98 92 82 100 (a) Are the lives of these brands of batteries different? ? Use a = 0.05. (b) Analyze the residuals from this experiment. (c) Construct a 95 percent interval estimate on the mean life of battery brand 2. (d) Construct a 99 percent interval estimate on the mean difference between the lives of battery brands 2 and 3. (d) Which brand would you select for use? (e) If the manufacturer will replace without charge any battery that fails in less than 85 weeks, what percentage would the company expect to replace?

Answers

Answer 1

The null hypothesis would be that the lives of these brands of batteries are the same and the alternative hypothesis would be that they are different. With an alpha level of 0.05, you can determine if the difference is significant.

(a)  Use a = 0.05.
Yes, the lives of these brands of batteries are different. To analyze whether this difference is significant, you can use an ANOVA (Analysis of Variance) to determine whether the variances between the groups are statistically different.

(b) Analyze the residuals from this experiment.

The residuals can be calculated by subtracting the mean life of each brand from the observed lifetimes of each battery. For Brand 1, the residuals would be (100-84), (96-84), (92-84), (75-84), and (96-84). The residuals for Brand 2 and Brand 3 can be calculated in the same way.

(c) Construct a 95 percent interval estimate on the mean life of battery brand 2.

The 95 percent interval estimate on the mean life of battery brand 2 is 81.7 weeks to 97.3 weeks.

(d) Construct a 99 percent interval estimate on the mean difference between the lives of battery brands 2 and 3.

The 99 percent interval estimate on the mean difference between the lives of battery brands 2 and 3 is -1.8 weeks to 12.2 weeks.

(e)  Based on the results, the most reliable brand of battery is Brand 3.

(f) If the manufacturer will replace without charging any battery that fails in less than 85 weeks, what percentage would the company expect to replace?

Using the data, the company can expect to replace 3/5, or 60%, of the batteries that fail in less than 85 weeks.

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Related Questions

The observer deck of a ship is located at the origin of a coordinate system. Find the bearing of an object located at the point (5, 5).

Answers

Answer:

The observer deck of a ship is located at the origin of a coordinate system. Find the bearing of an object located at the point (5, 5).

Step-by-step explanation:

To find the bearing of an object located at the point (5, 5) relative to the observer deck at the origin of a coordinate system, we need to find the angle between the positive x-axis and the line connecting the observer deck to the object.

First, we calculate the slope of the line connecting the observer deck at (0, 0) to the object at (5, 5):

slope = (change in y) / (change in x)

= (5 - 0) / (5 - 0)

= 1

Next, we use the inverse tangent function to find the angle whose tangent is equal to the slope:

angle = arctan(slope)

= arctan(1)

= 45°

Therefore, the bearing of the object located at (5, 5) relative to the observer deck at the origin is 45 degrees.

Answer:

45° north of east

Step-by-step explanation:

tan⁻¹(y/x) = tan⁻¹(5/5) = tan⁻¹(1) = 45°

Luis can drive 4 times fast as Rico can ride his bicycle. If it takes Rico 3 hours longer than Luis to travel 24 miles, how fast can Rico ride his bike

Answers

The Rico ride his bike at a speed of 6 miles per hour.

Define the term speed?

Speed is a measure of how quickly an object moves, calculated as the distance traveled per unit of time.

Let's take Rico's speed on his bicycle is 'r'.

So, Luis's speed can be expressed as 4r.

Time = Distance / Speed

For Luis, the time it takes to travel 24 miles is:

Time = 24miles / 4r

For Rico, the time it takes to travel 24miles is:

Time = 24miles / r

Since Rico takes 3 hours longer than Luis to travel the same distance (24miles), we can set up an equation:

24miles / r = (24miles / 4r) + 3hour

Simplifying this equation, we get:

⇒ 24 = 6 + 3r

⇒ r = 6

Therefore, Rico can ride his bike at a speed of 6 miles per hour.

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Jamar delivers sandwiches for a restaurant that charges $9. 50 for each sandwich plus an $8 delivery fee. Jamar has an order that totals $65. Write an equation to describe this situation

Answers

Answer:

9.5x + 8 = 65

Step-by-step explanation:

Let x = number of sandwiches.

The cost of x sandwiches is 9.5x.

The delivery fee is $8.

The total cost of an order is the price of the sandwiches, 9.5x plus the delivery fee, 8.

In this case, the total cost is $65.

9.5x + 8 = 65

Answer:

$65

Step-by-step explanation:

X=9.50 because you add the $8 delivery fee to equal 65 in total.

Ten percent of customers who walk into a golf store purchase a golf club and 30% of customers purchase golf balls. Six percent of customers purchase both clubs and balls. The percentage of customers who do not purchase clubs or balls is______. A) 0.24 B) 0.34 C) 0.41 D) 0.66

Answers

The percentage of customers who do not purchase clubs or balls is 0.66 or 66%.

Ten percent of customers who walk into a golf store purchase a golf club and 30% of customers purchase golf balls. Six percent of customers purchase both clubs and balls. The percentage of customers who do not purchase clubs or balls is 0.66.

Given that, The percentage of customers who purchase golf clubs = 10%The percentage of customers who purchase golf balls = 30%The percentage of customers who purchase both clubs and balls = 6%To find out the percentage of customers who do not purchase clubs or balls, we have to subtract the percentage of customers who purchase either clubs or balls or both from 100%.

Percentage of customers who purchase either clubs or balls or both = 10% + 30% - 6% = 34% Percentage of customers who do not purchase clubs or balls = 100% - 34% = 66%.

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What formula is used to find the side lengths?

Answers

ANSWER:

The Pythagorean theorem is used to find the hypotenuse of a triangle.

=> AC² = AB² + BC²

In squares, the length of the side can be calculated by finding the square root of the area.

Help Please!!! Use the scatter plot below to identify the outlier.

Answers

The outlier coordinates would be (4,11).

An outlier is something/a point that doesn’t follow a trend, so what you’re looking for is a point that is “out of the ordinary” so to speak. This point is found on the coordinates (4,11)

2 Rema has two jobs. In one year, she worked 276 hours at her first job. In the same year, she worked 3 times the number of hours at her second job. How many hours did Rema work that year at her second job?​

Answers

Answer:

Step-by-step explanation:

Kind of like rema from the song calm down calm down!!

you an find it on youtub

11. Figure EFGH is a parallelogram. Find the length of Line FG.

Answers

The length of Line FG is 13.5 inch

Define the term parallelogram?

A parallelogram is a four-sided, geometric form in two dimensions. It is a quadrilateral, which means it has four vertices (corners) and four angles.

Area of parallelogram = base × height

As per given diagram, base, GH = 9inch and height, FP = 12inch

So, Area of parallelogram = 9 × 12 = 108 inch²

and also, Area of parallelogram = EQ × FG

put values here, 108 = 8 × FG

FG = 13.5 inch

Therefore, the length of Line FG is 13.5 inch

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an equilateral triangle has side lengths of 28 m what is the length of its altitude

Answers

The length of the altitude of the equilateral triangle with side lengths of 28 meters is 14[tex]\sqrt{3}[/tex] meters.

Define equilateral.

Equilateral is an adjective used to describe a geometric figure, such as a triangle, that has all sides of equal length. In an equilateral triangle, all three sides are of equal length, and all three angles are also equal, measuring 60 degrees each.

To find the altitude of an equilateral triangle, we can use the following formula:

altitude = ([tex]\sqrt{3}[/tex]/2) x side length

Since the side length of the equilateral triangle is 28 meters, we can substitute it in the formula and simplify:

altitude = ([tex]\sqrt{3}[/tex]/2) x 28

= 14[tex]\sqrt{3}[/tex] meters (rounded to two decimal places)

Therefore, the length of the altitude of the equilateral triangle is approximately 14.00 meters.

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A bank statement is shown. Fill in the gaps to complete the sentence below. This bank statement shows a profit / loss of £ Description Sales - Monday Staff wages Sales - Tuesday Supplies - office equipment Sales - Wednesday Rent for office space Customer refund Money in £315.00 £265.00 £190.00 Money out £210.00 £30.00 £450.00 £100.00​

Answers

The bank statement  that is shown in the question shows a loss of £285.00 and calculated by subtracting the total expenses (money out) from the total revenue (money in).

Define profit or loss?

Profit or loss is a measure of the financial performance of a business, organization, or individual over a given period of time.

Profit refers to the positive difference between the revenue earned by a business or individual and the expenses incurred during a given period.

A loss occurs when the expenses incurred exceed the revenue earned during a given period.

To calculate the profit or loss, you need to subtract the total expenses (money out) from the total revenue (money in).

In this case, the total revenue is £315.00 + £265.00 + £190.00 = £770.00, and the total expenses are £210.00 + £30.00 + £450.00 + £100.00 = £790.00.

So, the calculation would be:

Total revenue - total expenses = profit/loss

£770.00 - £790.00 = -£20.00

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What is the contrapositive of the following statement? "If it is not a lion, then it is a cat

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The contrapositive of the given statement is "If it is not a cat, then it is a lion."

The contrapositive of the statement "If it is not a lion, then it is a cat" can be obtained by negating the original statement and switching the positions of the antecedent (the "if" part) and the consequent (the "then" part).

The contrapositive takes the form:

"If it is not a cat, then it is a lion."

So, the contrapositive of the given statement is "If it is not a cat, then it is a lion."

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determine whether the set S spans R2. If the set does not span R2, then give a geometric description of the subspace that it does span. a, S = {(1, −1), (2, 1)} b, S = {(1, 1)} c, S = {(0, 2), (1, 4)}

Answers

a. S = {(1, -1), (2, 1)}Let's begin by calculating the determinant of the matrix composed of the vectors of S, and checking if it is equal to 0. Because the two vectors are not colinear, they should span R2.|1 -1||2 1| determinant is not 0, therefore S spans R2. No geometric description is required for this example.

b. S = {(1, 1)} The set S contains one vector. A set containing only one vector cannot span a plane because it only spans a line. Therefore, S does not span R2. Geometric description: S spans a line that passes through the origin (0, 0) and the point (1, 1).c. S = {(0, 2), (1, 4)} Let's again begin by calculating the determinant of the matrix composed of the vectors of S, and checking if it is equal to 0.|0 2||1 4| determinant is 0, thus S does not span R2. In this scenario, S only spans the line that contains both vectors, which is the line with the equation y = 2x.

Geometric description: S spans a line that passes through the origin (0, 0) and the point (1, 2).

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What is the measure of arc AC? PLS help

Answers

It’s 156 or 2 u might be wrong

Please help, I can’t figure this out

Answers

Answer: 75, 60, 45

Working solution below

Answer:

x=15°,  ∠A=75°,  ∠B=60°,  ∠C=45°

Step-by-step explanation:

As we know that sum of the angle of a triangle is 180°

Therefore ∠A+∠B+∠C=180°

                5x+4x+3x=180°     {  ∵ ∠A=5x   ∠B=4x ∠C=3x   }

              ⇒   12x=180°

              ⇒      x=15°

Hence ∠A=5x=5×15°=75°

           ∠B=4x=4×15°=60°

and      ∠C=3x=3×15°=45°

to verify your answer 75°+60°+45°=180°

Write the percent as a decimal.
95%

Answers

Answer:

9.5 decimal

espero y te ayude

0.95 is the correct answer

A computer store sells Ultra Fast brand desktop and laptop computers. They tracked the sales of both kinds of computers over five days. The table shows the sales data. Make a double-line graph of the data.

Answers

The resulting double-line graph should show the sales data for desktop and laptop computers over the five days, with a line for each type of computer.

What is double-line graph?

A double-line graph is a graph that displays two sets of data on the same graph, using two lines to show how each set of data changes over time or some other variable.

To create a double-line graph of the sales data for desktop and laptop computers over five days, follow these steps:

Draw a graph with two perpendicular axes, the horizontal axis (x-axis) representing the days, and the vertical axis (y-axis) representing the number of computers sold.

Label the horizontal axis with the days from Day 1 to Day 5.

Label the vertical axis with the heading "Number of Computers Sold".

Plot the data points for desktop computer sales. For Day 1, plot a point at (1, 4), for Day 2 plot a point at (2, 1), for Day 3 plot a point at (3, 2), for Day 4 plot a point at (4, 5), and for Day 5 plot a point at (5, 1).

Connect the data points for desktop computer sales with a line.

Plot the data points for laptop computer sales. For Day 1, plot a point at (1, 5), for Day 2 plot a point at (2, 2), for Day 3 plot a point at (3, 3), for Day 4 plot a point at (4, 7), and for Day 5 plot a point at (5, 3).

Connect the data points for laptop computer sales with a line.

Use a different color or style for the line representing desktop sales and the line representing laptop sales.

Add a legend to the graph to indicate which line corresponds to desktop sales and which corresponds to laptop sales.

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1 0 6
0 1 1
0 0 0
Find the solution(s) to the system, if it exists. State the solution as a point (be sure to use parentheses), use parameter(s) s and t if needed. If the system is inconsistent, then state no solution.

Answers

The system has infinitely many solutions, which can be written as (x, y, z) = (1 - 60s, -10 + 600s, s) where s is a parameter.

To solve the system of equations:

1x + 0y + 60z = 1

1x + 10y + 0z = 0

0x + 0y + 0z = 0

The third equation is an identity, implying that it does not give us any new information. The first two equations can be used to solve for x, y, and z:

From the first equation, we get x = 1 - 60z

From the second equation, we get y = 0 - 10x = -10(1 - 60z) = -10 + 600z

Therefore, the solution to the system can be written as a point in terms of z as:

(x, y, z) = (1 - 60z, -10 + 600z, z)

Since z can take on any value, there are infinitely many solutions to the system, which can be parameterized as:

(x, y, z) = (1 - 60s, -10 + 600s, s) where s is a parameter.

he system has infinitely many solutions, which can be written as (x, y, z) = (1 - 60s, -10 + 600s, s) where s is a parameter.

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Imagine that 3 committee members arrive late. The other 5 memebers have already shaken hands. How many handshakes will there be when the 3 late members arrive?

Answers

There will be a total of 28 handshakes when the 3 late members arrive.

What is sum of n positive integers?

The first n-1 positive integers are added together using the formula n(n-1)/2, where n is the total number of terms being added together.

The number of combinations or arrangements of a given collection of items may be determined using this formula, which can be obtained using the process of mathematical induction. It is often used in combinatorics and discrete mathematics. For instance, the formula was used to determine how many times a group of individuals shook hands in the scenario above. It might also be used to determine the number of pathways in a network of nodes or vertices or the number of ways to choose a portion of an object set from a bigger set in other settings.

Given that, 3 members arrive late, and 5 members are already present.

The total members are 5 + 3 = 8.

Now, using the sum of positive integer formula:

n(n-1)/2

We can determine the number of handshakes.

8(8-1)/2 = 28

Hence, there will be a total of 28 handshakes when the 3 late members arrive.

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Can someone just help me on 19, it’s pretty confusing. Just look around at the other questions so it’ll help with answering it.

Answers

Answer:

0% (0/40)

Step-by-step explanation:

I feel like this is a trick question. since chicken is not indicated on the graph, I believe chicken is nobodies favorite food

Professor Krugman's economics course, the correlation between the students' total scores prior to the final examination and their final‑examination scores is r=0.5.r=0.5. The pre‑exam totals for all students in the course have mean 280280 and standard deviation 40.40. The final‑exam scores have mean 75 and standard deviation 8.. Professor Krugman has lost Julie's final exam but knows that her total before the exam was 300.300. He decides to predict her final‑exam score from her pre‑exam total.What is the slope of the least-squares regression line of final-exam scores on pre-exam total scores in this course? Give your answer to one decimal place.

Answers

Since only 25% of the variability in y is explained, Julie's actual score could have been much higher than the predicted value.

What is Standard Deviation?

The term "standard deviation" (or "") refers to a measurement of the data's dispersion from the mean. When the standard deviation is low, the data are concentrated around the mean, and when it is large, the data are widely dispersed.

(a) Slope, b = r*(sy/sx) = 0.5*(8/40) = 0.1

Intercept = y - bx = 75 - 0.1*280 = 47

The regression equation is:

y = 47 + 0.1*x

(b) Put x = 300

y = 47 + 0.1*300

y = 77

(c) r2 = 0.5*0.5 = 0.25

Since only 25% of the variability in y is explained, Julie's actual score could have been much higher than the predicted value.

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which histogram most likely represents a country with a declining population growth rate?

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The histogram that most likely represents a country with a declining population growth rate is one where the bars to the right (representing higher numbers of births or deaths) are lower than the bars to the left.

A declining population growth rate means that the rate at which the population is growing is decreasing, which suggests that the number of births is decreasing or the number of deaths is increasing.

In other words, the shape of the histogram would be skewed to the left, with a long tail on the left-hand side and shorter bars on the right-hand side. This shape suggests that there are fewer births or more deaths, leading to a declining population growth rate.

It is worth noting that a histogram alone may not provide enough information to make definitive conclusions about population growth rates. Other factors such as migration rates and changes in life expectancy can also affect population growth. Therefore, it is important to consider multiple sources of data and statistical methods when analyzing population trends.

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Consider the function f left parenthesis x right parenthesis equals cube root of x near x equals 8. Find the linear approximation error when using the linear approximation to estimate cube root of 8.25 end root.

Answers

The linear approximation error when using the linear approximation to estimate the cube root of 8.25 is 0.0593.

When we want to find the linear approximation error, we can use the formula

Error = f(x) - L(x),

Where `f(x)` is the actual value of the function at `x`, and `L(x)` is the linear approximation of the function at `x`.

The linear approximation of a function f(x) near x=a is given by:

L(x) = f(a) + f'(a)(x-a)

In this case, we want to find the linear approximation of the function f(x) = cube root of x near x=8. To do so, we first need to find the value of f(8) and f'(8).

f(8) = cube root of 8 ⇒ 2

To find f'(8), we take the derivative of f(x) with respect to x:

f(x) = x^(1/3)

f'(x) = (1/3)x^(-2/3)

So, f'(8) = (1/3)(8)^(-2/3) ⇒ 1/12

Therefore, the linear approximation of f(x) near x=8 is:

L(x) = 2 + (1/12)(x-8)

Now, we want to use this linear approximation to estimate the value of the cube root of 8.25. To do so, we substitute x=8.25 into the linear approximation:

L(8.25) = 2 + (1/12)(8.25-8) ⇒ 2.0208

The actual value of the cube root of 8.25 is:

∛8.25 ⇒ 2.0801

So, the error in the linear approximation is:

2.0801 - 2.0208 ⇒ 0.0593

Therefore, the linear approximation error when using the linear approximation to estimate a cube root of 8.25 is approximately 0.0593.

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Sara’s hair was 25 inches long. Three years later it was 43 inches long. What was the percent increase?

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Sara’s hair was 25 inches long. Three years later it was 43 inches long. The percentage increase rounded to the nearest hundredth will be 72.

Percentage:

In mathematics, a percentage is a number or ratio that can be expressed as a fraction of 100. If we need to calculate the percentage of a number, we divide the number by the whole number and multiply by 100. So , percent means one hundredth and the word percent means every 100th. It is represented by the symbol "%".

Calculate the percentage of a total value:

Since percent implies 100, we will split the total portion into 100 parts and then multiply it by b to gather b things per 100 items.

The percentage increase is found as:

   [tex]% increase = \frac{change in value}{original value}[/tex][tex]%increase = \frac{change in value}{original value}[/tex][tex]%[/tex]% increase = Change in value/ Original value

⇒ % increase = [tex]\frac{13-25}{25} * 100[/tex]

⇒ % increase = 72

Hence, the percent increase rounded to the nearest hundredth will be 72.

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What is the mass of a solid iron wrecking ball of radius 18 cm if the density of iron is 7. 8gm/cm3

Answers

The iron wrecking ball weighs roughly 191184 grams, which is equivalent to 191.184 kilograms.

To calculate the mass of the iron wrecking ball, we need to use the formula:

mass = density x volume

The density of iron is given as 7.8 g/cm3. The volume of the wrecking ball can be calculated using the formula for the volume of a sphere:

volume = (4/3) x π x radius³

Plugging in the given radius of 18 cm, we get:

volume = (4/3) x π x (18 cm)³

volume = 24488.48 cm³

Now, we can use the formula for mass:

mass = density x volume

mass = 7.8 g/cm³ x 24488.48 cm³

mass = 191183.94 g

Therefore, the mass of the iron wrecking ball is approximately 191184 g or 191.184 kg.

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A skating rink charges a group rate of $9 plus a fee to rent each pair of skates. A family rents 7 pairs of skates and pays a total of $30. Draw a tape diagram

Answers

Answer:

X = 3

Step-by-step explanation:

I can't really draw the diagram for you.

$9 is always charged so just add that to the end of your equation.

x is what they charge for skates and their are 7 skates so 7x

$30 is the total

7x + 9 = 30

subtract 9 from both sides

7x = 21

divide by 7 on both sides

x = 3

which of the following is equivalent to 3/8? -0.6, square root of 100, 2/5, -2/3, 0.35217534 ...

Answers

The option in the question that is equivalent to 3/8 is 2/5.

How to calculate the equivalent of 3/8

We can simplify 3/8 and 2/5 so that they have a common denominator:

3/8 = 3*(5/5)/(85/5) = 15/40

2/5 = 2(8/8)/(5*8/8) = 16/40

Since 15/40 and 16/40 have the same denominator, we can compare their numerators to see which is larger:

15/40 < 16/40

Since 16/40 is larger, we can conclude that 2/5 is greater than 3/8.

Therefore, the option that is equivalent to 3/8 is 2/5.

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A line passes through points (3,20) and (8,25). Write a linear function rule in terms of x and y for this line.

Answers

To find:-

The equation of line passing through the points (3,20) and (8,25) .

Answer:-

To find out the equation of the line , we need to find out the slope first. It can be calculated as ,

[tex]\implies m =\dfrac{\Delta y}{\Delta x }=\dfrac{y_2-y_1}{x_2-x_1} \\[/tex]

And here ,

[tex] y_1[/tex] = 20[tex]y_2[/tex] = 25[tex]x_1 [/tex] = 3[tex]x_2 [/tex] = 8

On substituting the respective values, we have;

[tex]\implies m =\dfrac{25-20}{8-3} \\[/tex]

[tex]\implies m=\dfrac{5}{5}\\[/tex]

[tex]\implies m=\boxed{1} \\[/tex]

Hence the slope of the line is 1 . Now we may use point slope form of the line to find out the equation of the line. Point slope form of the line is,

[tex]\implies y - y_1 = m(x-x_1) \\[/tex]

Take any of the given two points. Here i am taking (3,20) . So here we have;

[tex] m [/tex] = 1[tex] y_1 [/tex] = 20[tex] x_1[/tex] = 3

On substituting the respective values, we have;

[tex]\implies y - 20 = 1(x - 3) \\[/tex]

[tex]\implies y -20 = x - 3 \\[/tex]

[tex]\implies x - 3 - y +20 = 0 \\[/tex]

[tex]\implies \underline{\underline{\green{ x - y +17=0}}}\\[/tex]

Hence the equation of the line in standard form is x - y + 17 = 0 .

and we are done!

in a lottery daily game, a player picks three numbers from 0 to 9 (without repetition). how many different choices does the player have a) if order matters? b) if order does not matter? 84

Answers

There are 720 different choices if order matters and there are 120 different choices if order does not matter.

Calculating the number of different choices

a) If order matters,

The player can choose the first number in 10 ways (any of the digits 0-9), the second number in 9 ways (since one digit has already been chosen), and the third number in 8 ways (since two digits have already been chosen).

So the total number of choices is:

10 x 9 x 8 = 720

Therefore, there are 720 different choices if order matters.

b) If order does not matter,

We need to divide the number of choices by the number of ways the three numbers can be arranged.

Since there are 3 numbers, they can be arranged in 3! = 6 ways.

So the number of choices when order does not matter is:

(10 x 9 x 8) / 6 = 120

Therefore, there are 120 different choices if order does not matter.

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A baseball team sells snacks at their games to raise money. At their last game, they made 6/7 as much money as they made at their first game. Did they make more money at their first or last game? Explain how you know?

Answers

The first game brought in more money than the last game.

What is Fraction?

Any number of equal parts is represented by a fraction, which also symbolizes a portion of a whole. A fraction, such as one-half, eight-fifths, or three-quarters, indicates how many pieces of a particular size there are when spoken in everyday English.

According to question:

The baseball team made more money at their first game because 6/7 is less than 1. This means that they made less money at their last game than at their first game. For example, if they made $100 at their first game, then they made 6/7 x $100 = $85.71 at their last game, which is less than $100.

Therefore, the first game brought in more money than the last game.

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A person invests 4500 dollars in a bank. The bank pays 6. 25% interest compounded

semi-annually. To the nearest tenth of a year, how long must the person leave the

money in the bank until it reaches 13300 dollars?

Answers

The person must leave the money in the bank for approximately 13.6 years to reach 13300 dollars.

Using the formula A=P(1+r/n)⁽ⁿᵗ⁾, where A is the final amount, P is the principal, r is the annual interest rate, n is the number of times the interest is compounded per year, and t is the time in years, we can solve for t.

We have P = 4500, A = 13300, r = 0.0625, n = 2. Plugging these values into the formula and solving for t, we get t ≈ 13.6 years. Therefore, the person must leave the money in the bank for approximately 13.6 years to reach 13300 dollars.

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