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John borrows 10; 000 for 10 years at an annual effective interest rate of 10%. He can repay this loan using the amortization method with payments of 1,627.45 at the end of each year. Instead, John repays the 10; 000 using a sinking fund that pays an annual effective interest rate of 14%. The deposits to the sinking fund are equal to 1,627.45 minus the interest on the loan and are made at the end of each year for 10 years. Calculate the balance in the sinking fund immediately after repayment of the loan.
The required margin of error around the population p. Margin of error: 0.09; confidence level: 95%; from a prior study, p is estimated by the decimal equivalent of 87%.
Suppose we roll two fair six-sided dice, one red and one blue. Let A be the event that the two dice show the same value.
What is the probability that it takes at least seven hours before the next three babies are born?
Solution to managerian stastics question. suppose that a consultant for the supermarket counts the number of arrival per hour during a sample of 150 hour.
What is the probability that a batch will be acceptable to the consumer? Is the probability large enough to be an acceptable level of performance?
Think about the pros and cons of the divine right of kings and absolute monarchy. What was good about these concepts? What was bad?
Draw the relationship between the crime rate and Dr. Schalkoff's patient load. Is a linear model between these two variables reasonable?
Golf on June 16, 1997, two amateur golfers playing together hit back-to-back holes in one (Source: The Island Packet, June 19, 1997).
The owner of a local nightclub wishes to perform a statistical analysis to determine whether the mean age of her customers isover 30. What are appropriate null and alternative hypotheses?
A random sample of 40 engineers was selected from among the large number employed by a corporation engaged in seeking new sources of petroleum.
Which of the following terms describes the overall long-term tendency of a time series?
if given a random sample size from a normally distributed population the mean of the sample and the standard
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