The population of a town is represented by the formula p(t)=a(1.2)^t where a is the current population and t is time. determine to the nearest tenth of a year how long would it take the population to reach 5000 people if the current population is 3750

If you invest 1,500 today in a bank that gives you a 5 percent annual interest rate, which of these items can you buy in two years? a. electronics worth $1,650 b.fitness equipment worth $1,700 c.a holiday package worth $2,000

Which account has the highest effective annual interest rate? not necessary but show how you got your answer.a. account 1: interest is compounded quarterly at an annual rate of 4.20%.b. account 2: interest is compounded monthly at an annual rate of 4.15%.c. account 3: interest is compounded semiannually at an annual rate of 4.10%d. account 4: interest is compounded annually at a rate of 4.25%.

Amanufacturing firm has been averaging 16.8 orders per week for several years. however, during a recession, orders appeared to slow. suppose the firm’s production manager randomly samples 31 weeks and finds an average of 15.6 orders with a standard deviation of 2.3 orders. using a 0.025 significance level, test whether the mean number of orders has decreased. type the full 5 step procedure into the answer box, then for multiple choice practice, answer the following: 1. what is the name and symbol of the parameter that you are testing? 2. what is the symbol and value of the point estimate of that parameter? 3. what distribution are you using to test this parameter? 4. what is the critical value? 5. what is the test statistic value? 6. what is the p-value?