Annie is concerned over a report that "a woman over age 40
40
has a better chance of being killed by a terrorist than of getting married." A study found that the likelihood of marriage for a never-previously-wed, 40
40
-year-old university-educated American woman was 3.4%
3.4
%
. To demonstrate that this percentage is too small, Annie uses her resources at the Baltimore Sun to conduct a simple random sample of 407
407
never-previously-wed, university-educated, American women who were single at the beginning of their 40
40
s and who are now 45
45
. Of these women, 20
20
report now being married. Does this evidence support Annie’s claim, at the 0.01
0.01
level of significance, that the chances of getting married for this group is greater than 3.4%
3.4
%
?

Answers

Answer 1

The answer is no. As the p-value is more than 0.01, evidence does not support Annie's claim that the chances of getting married for this group is greater than 3.4%.

What is null hypothesis?

It assumes that the observed result is due to chance and there is not any difference between specified populations.

To determine this, we must calculate the p-value.

The number of successes in the sample is 20 and the number of observations is 407.

The sample proportion = 0.049. (20/407)

The hypothesis is that the percentage of women who got married is greater than 3.4%.

The null hypothesis is that the percentage is 3.4%.

We can use the z-test statistic to test this hypothesis.

The z-test statistic is calculated as:

z = (0.049-0.034)/(√(0.034(1-0.034)/407))

= 1.66.

The p-value is calculated as:

p-value = Φ/(1.66)

= 0.97.

This is more than 0.01 ,so we can not reject the null hypothesis.

This evidence does not support Annie's claim that the chances of getting married for this group is greater than 3.4%.

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Related Questions

A rectangle has a length of 40 cm and width of 21 cm. If a new rectangle is formed by adding the same amount to both the length and width the new area is 2262 cm. Find the dimensions of the rectangle.

Answers

Step-by-step explanation:

the area of a rectangle is

length × width.

so, the original area is

40 × 21 = 840 cm²

now, we add x to length and width, and we get :

(40 + x) × (21 + x) = 2262 cm²

let's do the multiplication :

40×21 + 40x + 21x + x² = 2262

840 + 61x + x² = 2262

x² + 61x = 1422

x² + 61x - 1422 = 0

a quadratic equation

ax² + bx + c = 0

has the general solution

x = (-b ± sqrt(b² - 4ac))/(2a)

in our case

a = 1

b = 61

c = -1422

x = (-61 ± sqrt(61² - 4×1×-1422))/(2×1) =

= (-61 ± sqrt(3721 + 5688))/2 =

= (-61 ± sqrt(9409))/2 =

= (-61 ± 97)/2

x1 = (-61 + 97)/2 = 36/2 = 18

x2 = (-61 - 97)/2 = -158/2 = -79

x2 would make the side lengths negative, and that does not make any sense for an actual shape, so

x = 18

is our valid solution.

that means the new length is

40 + 18 = 58 cm

the new width is

21 + 18 = 39 cm

A bag contains nine yellow marbles and five red marbles. You randomly select two marbles from the bag. What is the probability that both marbles are yellow when you do not replace the first marble before selecting the second marble?

Answers

Answer: 18/49

Step-by-step explanation:

P(Yellow) = 9/14


= 9/14 • 9-1/14

=9/14 • 8/14

= 72/196 or 18/49

How many total workers are needed to ship 110,550 units for the shift

Answers

Answer: 402 is the workers should be picking in order to ship 110,550 units for the shift. Hence, option E is correct.

Step-by-step explanation:

pls he;lp ill mark brain

Answers

Answer:

1

Step-by-step explanation:

it is one

Ms. Hernandez writes this expression on the board. ​ 1/2 divide by 3 1/6

Answers

Answer:

[tex] \frac{1}{2} \div 3 \frac{1}{6} [/tex]

[tex] \frac{1}{2} \div \frac{19}{6} = \frac{1}{2} \times \frac{6}{19} = \frac{3}{19} [/tex]

The answer is 3/19.

Two owners of a cattle ranch, Robert and Val, want to find the average weight for the ranch's 200 Cows. Instead of weighing all of the cows: Robert weighs 25 cows and gets an average weight of 1,550 pounds (stdev = 50) • Val weighs 100 cows and gets an average weight of 1,380 pounds (stdev = 50) What is Val's margin of error, rounded to the nearest whole number? (The formula is 1.96 (std dey)//N​

Answers

The required margin of error for Val is 9.8 pounds.

What do we mean by Margin of error?

The margin of error is a statistic that describes how much random sampling error there is in survey results.

One should have less faith that a poll's findings would accurately reflect those of a population census the higher the margin of error.

Multiplying a key factor (for a specific confidence level) and the population standard deviation yields the calculation for the margin of error.

The square root of the sample's observational count is then used to divide the outcome.

So, the following equation provides the margin of error:

M = 1.96 s/√n

Now, calculate as follows:

M = 1.96 s/√n

M = 1.96 50/√100

M = 9.8

Therefore, the required margin of error for Val is 9.8 pounds.

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Correct question:

Two owners of a cattle ranch, Robert and Val, want to find the average weight for the ranch’s 200 cows. Instead of weighing all of the cows: Robert weighs 25 cows and gets an average weight of 1,550 pounds (stdev = 50) Val weighs 100 cows and gets an average weight of 1,380 pounds (stdev = 50) What is Val’s margin of error, rounded to the nearest whole number? (The formula is 1.96 (std dev) / square root of N

Here is a graph of function f and a graph of function g. Express g in terms of f using function
notation.

y = g(x)

Answers

Answer:

Step-by-step explanation:

Carl is boarding a plane. he has 2 checked bags of equal weight and a backpack that weighs 4kg. The total weight of Carls baggage is 35 kg.

2w + 4= 35

2w=31

w= 31/2

w=15.5

The weight of each bag is 15.5 kg.

the request is to evaluate the given expressions for x = 3 and y = 2
5(x+2)+9(y-1)
I want t make sure this question is as easy as it seems, I also need to simplify and solve.
Thank you

Answers

Answer:

34

Step-by-step explanation:

5 ( x + 2 ) + 9 ( y - 1 )

Solve the brackets.

5x + 10 + 9y - 9

Combine like terms.

5x + 9y + 1

Given that,

x = 3

y = 2

So, to find the value of the expression replace x and y with 3 & 2 and solve the expression.

Let us solve it now.

5x + 9y + 1

5 × 3 + 9 × 2 + 1

15 + 18 + 1

34

Find the difference for 5 1/4 - 2 3/4

Answers

Answer: 2.5 (or 2 1/2 as a mixed number)

Step-by-step explanation:

Answer:

5/2 or 2.5

Step-by-step explanation:

[tex]5 \frac{1}{4} - 2\frac{3}{4}[/tex]  = 5.25 - 2.75 = 2.5 = 5/2

Among 300 elementary school students,
258 said they like chocolate ice cream, 142
like vanilla ice cream and 102 like both.
Find the probability that a randomly
selected student likes:
A. Vanilla ice cream or chocolate ice
cream, but not both.
B. Neither of the 2 flavors.
C. Vanilla ice cream but not chocolate ice
cream.

Answers

To solve this problem, we can use the formula for probability:

Probability = (Number of favorable outcomes) / (Total number of outcomes)

A. To find the probability that a student likes vanilla or chocolate ice cream, but not both, we need to subtract the number of students who like both from the total number of students who like vanilla or chocolate:

Number of students who like vanilla or chocolate = 258 + 142 = 400

Number of students who like both = 102

Number of students who like only vanilla or only chocolate = 400 - 102 = 298

Probability = 298/300 = 0.9933

B. To find the probability that a student likes neither vanilla nor chocolate ice cream, we need to subtract the total number of students who like either or both flavors from the total number of students:

Total number of students = 300

Number of students who like vanilla or chocolate = 258 + 142 = 400

Number of students who like both = 102

Number of students who like neither flavor = 300 - 400 + 102 = 2

Probability = 2/300 = 0.0067

C. To find the probability that a student likes vanilla ice cream but not chocolate ice cream, we need to subtract the number of students who like both from the total number of students who like vanilla:

Number of students who like vanilla = 142

Number of students who like both = 102

Number of students who like only vanilla = 142 - 102 = 40

Probability = 40/300 = 0.1333

Please answer question 15, with diagrams.

Answers

The 60 m length of PS and the 21° angle ∠QKR, 41° angle ∠KSR, 17° angle ∠KSR, and the time of flight of 2 minutes, indicates that the distance |PQ| and the aeroplane speed are;

(a) The distance |PQ| is about 2,020.5 meters

(b) The speed of the aeroplane is about 60.6 km·h⁻¹

What is the speed of an object in motion?

The speed of an object is a measure of how fast the object is moving, and the unit of speed is the distance per unit time. The speed of an object is the magnitude of the velocity vector of the object.

(a) The direction of flight of the aeroplane = Horizontally

Therefore;

PS = QR

PS = 600 m (the dimension on the diagram)

Therefore; QR = PS  = 600 m

QR/KR = tan(21°)

KR = QR/tan(21°)

Therefore;

KR = 600/tan(21°) ≈ 1,563.05

PQ and SR are horizontal segments and PS and QR are vertical, therefore;

PQ ║ SR and PS ║ QR, therefore, quadrilateral PQRS is a parallelogram

PS and QR are vertical therefore, ∠PSR and ∠QRS are 90° angles, (definition of vertical segment PS is perpendicular to the horizontal segment segment SR)

Therefore, the parallelogram PQRS is a rectangle (Properties of a rectangle)

PQ ≅ SR (Facing sides of a rectangle)

∠SKR = 180° - (41° + 17°) = 122°

∠SKR = 122°

KR/sin(41°) = SR/sin(122°)

SR = sin(122°) × KR/sin(41°)

SR = sin(122°) × KR/sin(41°)

SR = sin(122°) × 1,563.05/sin(41°) ≈ 2,020.5

SR = PQ ≈ 2,020.5

|PQ| = 2,020.5 meters

(b) The aeroplane flies from P to Q in 2 minutes

The conversion of the units are obtained as follows;

2,020.5 meters = 2.0205 km

1 minutes = (1/60) hour, therefore, 2 minutes = (2/60) hour = (1/30) hour

The time of 2 minutes = 120 seconds, therefore;

The speed of the aeroplane ≈2.0205 km/((1/30) h) ≈ 60.6 km·h⁻¹

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The total value of some coins is $1.50. The
coins contain nickels, dimes, and quarters only. The collection must contain at least one of each kind. What is the fewest number of coins possible?
F. 5
G. 6
H. 7
J. 8
K. 9

Answers

Answer: J. 8 Coins

Step-by-step explanation: 5 quarters ($1.25 worth), 2 dimes ($0.20 worth ) and 1 nickel ($0.05 worth) is the only way you can get to the value of $1.50 total using 8 coins while using every coin at least once.

The answer is 8 coins

each of the small squares in the figure measures 2 meters on each side. what is the area of the triangle?

Answers

Answer: you good day

Step-by-step explanation:

Each of the given linear systems is in row echelon form.
Solve the system.
x + y − z + 2w=4
w=5

Answers

The solution as an ordered quadruple:

(0, -6 - z, z, 5)

HOW TO SOLVE A LINEAR SYSTEM?

The given linear system is:

x + y - z + 2w = 4

w = 5

This system is already in row echelon form. We can use back substitution to solve for the variables. Since we already know the value of w, we can substitute w = 5 into the first equation:

x + y - z + 2w = 4

x + y - z + 2(5) = 4

x + y - z + 10 = 4

Simplifying, we get:

x + y - z = -6

Now we have two equations:

x + y - z = -6

w = 5

We can solve for x, y, and z using the first equation. To do this, we can use the fact that the system is in row echelon form, which means that the leading coefficients are all 1 and there are no variables to the left of the leading coefficients. We can start by solving for z since it has a leading coefficient of 1:

z = x + y + 6

Next, we can use the second equation to solve for y:

y = -x - z - 6

Finally, we can use the third equation to solve for x:

x = y + z + 6

Substituting the expressions for y and z into the equation for x, we get:

x = (-x - z - 6) + (x + y + 6) + 6

Simplifying, we get:

2x = 0

Therefore, x = 0. Substituting this value into the expressions for y and z, we get:

y = -z - 6

z = y + 6

We have now solved the system and found that:

x = 0

y = -z - 6

z = y + 6

w = 5

We can write the solution as an ordered quadruple:

(0, -6 - z, z, 5)

where z can take on any value. This means that the system has infinitely many solutions, since we can choose any value for z and obtain a corresponding solution for x, y, and w.

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Hue is arranging chairs. She can form 3 rows of a given length with 1 chair left over, or 7 rows of that same length if she gets 11 more chairs. Complete the equation and solve it to find how many chairs are in that row length. In your equation, use the variable x to represent the number of chairs in each row.

Answers

As a result, each row contains 2.5 chairs. The closest whole number must be rounded up because a chair cannot be split. Thus, each row contains three chairs.

What is length referred to as?

The British imperial or American customary schemes of measurement both use the inch as their standard unit of length (symbolized as in or ′′). It is equal to 136 yards or 112 feet.

Let x represent how many chairs are in each row. Two bits of knowledge are provided by the issue:

Hue can arrange 3 rows of a particular length with just 1 chair left behind, therefore her overall number of chairs is 3x + 1.

Hue can arrange seven rows that are identical in length using an additional 11 chairs, making her total chair count 7x + 11.

These two bits of knowledge can be used to create an equation:

3x + 1 = 7x + 11

After simplifying and locating x, we get:

4x = 10

x = 2.5

Thus, each row contains 2.5 chairs. A chair, however, cannot be divided, therefore we must round to the next whole number. There are three chairs for each row as a result.

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If you get the answer correct ill give brainliest and thanks :))

Answers

Answer:

B.

Step-by-step explanation:

Just pick a point on the graph like F

( -1, 3)

(-5,-4)

so its -4 for x and -7 y

5x + 1 over 4 y2

What is the value of the expression above when x = 3 and y = 2? You must show all work and calculations to receive full credit. (4 points)

Answers

Answer:

1

Step-by-step explanation:

5x + 1 / 4y²

5(3) + 1 / 4(2)²

15 + 1 / 4(4)

16 / 16 = 1

Find the missing side lengths. Leave your answers as radicals in simplest form.

Answers

Answer:

x = y = 10

Step-by-step explanation:

This is a 45-45-90 triangle. This means the values of x and y are equal.

The formula for hypotenuse of this type of triangle s[tex]\sqrt{2}[/tex] where s is the side length.

s[tex]\sqrt{2}[/tex] = 10[tex]\sqrt{2}[/tex]

Therefore, s = 10; x = y = 10.

Note that the side lengths of 45-45-90 triangles are equal because their angles are equal. 45-45-90 triangles are also isosceles right triangles.

Find the measure of x

Answers

Answer:

5.41

Step-by-step explanation:

Find the distance, d, of AB.
A = (3,7) B=(7,11)

Answers

Thus, the distance of the line segment AB for the given coordinates is found as: d = 16√2 units.

Explain about the distance formula:

The Pythagorean theorem serves as the foundation for the distance formula. A line connecting two sites of interest is the hypotenuse of the a right triangle, and this particular line connects the two points of interest.

The neighbouring side is obtained by uniting the x-coordinates of both the two points in a horizontal line, whereas the opposing side is obtained by joining the y-coordinates. Let's assume that d is the hypotenuse's length. Given two locations' coordinates,  length of both the adjacent side:

(x1,y1) = A(3,7)

(x2,y2) = B(7,11)

[tex]d = \sqrt{(x_{1} - x_{2} )^{2} + (y_{1} - y_{2}) ^{2} }[/tex]

[tex]d = \sqrt{(3 - 7) ^{2} + (7 - 11 ^{2})}[/tex]

[tex]d = \sqrt{16 + 16}[/tex]

d = [tex]\sqrt{32}[/tex]

d = 16√2

Thus, the distance of the line segment AB for the given coordinates is found as: d = 16√2 units.

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A laptop computer is purchased for $1450. After each year, the resale value decreases by 25%. What will the resale value be after 4 years?

Answers

Answer:

see step by step

Step-by-step explanation:

so a laptop starts at 1450 this means the equation is

y=1450(0.75)^x and plug in 4 for x and you get $458.79

(1) Jackson deposits $2,000 into a bank account that earns 3.7% interest per year. What is the total amount in the account after 2 years?


(2) Jen deposits $9,500 into a bank account that pays her 4.5% simple interest for 5 years. How much interesrt will she earn over 5 years

Answers

Answer:

Question 1) $2150.74

Step-by-step explanation:

100 + 3.7 = 103.7
Divide this by 100 to give you 1.037
Then multiply this by 2,000
$2000 x 1.037^2 = $2150.74
Make sure the square is there to represent the years

This is your answer for 2 years.

help fast


Using a standard deck of cards, a gamer drew one card and recorded its value. They continued this for a total of 100 draws. The table shows the frequency of each card drawn.


Card A 2 3 4 5 6 7 8 9 10 J Q K
Frequency 4 7 5 6 7 6 8 10 7 10 8 12 10


Based on the table, what is the experimental probability that the card selected was a K or 6?
one over 26
four over 25
one fourth
8 over 13

Answers

The experimental prοbability that the card selected was a K οr 6 is fοur οver 25.

What is the prοbability?

The study οf prοbability examines the likelihοοd that a particular οutcοme will οccur; this likelihοοd is determined by the ratiο οf the preferred and pοssible cases.

The frequency οf K and 6 is 8 and 7 respectively.

Therefοre, the tοtal frequency οf K οr 6 is 8 + 7 = 15.

The tοtal number οf cards drawn is 100.

Hence, the experimental prοbability οf drawing a K οr 6 is:

15/100 = 3/20

Hence, the answer is fοur οver 25.

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Please help me answer these two questions!!!

Answers

2. IN THE ALPHABEIC ORDER IF WE GO A-B SO I THINK ITS 10

Each 12 centimeter on a map represents an actual length of 18 of a meter. What length on the map represents 1 meter? Responses 116 centimeter 1 over 16, centimeter 58 centimeters 5 eighths, centimeters 2 centimeters 2 centimeters 4 centimeters 4 centimeters

Answers

The length οn the map that represents 1 meter in real is 2/3 centimetres.

What is ratiο?

When twο numbers are cοmpared, the ratiο between them shοws hοw οften the first number cοntains the secοnd. As an illustratiοn, the ratiο οf οranges tο lemοns in a dish οf fruit is 8:6 if there are 8 οranges and 6 lemοns present.

Given that Each 12 centimetre οn a map represents an actual length οf 18 οf a meter. Therefοre, the ratiο can be written as,

=>Length οn Map / Actual Length = (12) centimetres / (18) meters

=>Length οn Map / Actual Length = 2/3 centimetres per meters

Nοw, the length οn the map that represents 1 meter in real is,

=>Length οn Map / Actual Length = 2/3 centimetres per meters

=> Length οn Map / 1 meter = (2/3) centimetres / 1 meters

=>Length οn Map = 2/3 centimetres

Hence the length οn the map that represents 1 meter in real is  2/3 centimetres.

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Please help! Due tonight!

Answers

Answer: 97445

Step-by-step explanation:

27.4% of x = 26,700

x = 26,700 divided by 27.4%

(convert 27.4% to decimal) x = 26,700 divided by 0.274

x = 97445 (note the answer is rounded because you cannot have .25 of a person)

The number of lightning strikes on a square kilometer of open ground in a year has mean 6 and standard deviation 2.4. (These values are typical of much of the United States.) The National Lightning Detection Network uses automatic sensors to watch for lightning in a sample of 25 randomly chosen square kilometers.
For the sample, what are the mean and standard deviation of ▁x, the mean number of strikes per square kilometer?

Answers

The mean of ▁x is 6 and the standard deviation of ▁x is 0.48.

What is standard deviation ?

Standard deviation is a measure of the amount of variation or dispersion of a set of data values from their mean (average) value. It tells us how much the individual data points differ from the mean. In other words, it measures the spread of the data around the mean.

A small standard deviation indicates that the data points are clustered closely around the mean, while a large standard deviation indicates that the data points are more spread out from the mean.

The formula for standard deviation is the square root of the sum of the squared differences between each data point and the mean, divided by the number of data points minus 1. It is denoted by the symbol σ for a population, and s for a sample.

The mean of the number of lightning strikes on a square kilometer of open ground in a year is 6, and the standard deviation is 2.4. Since we are interested in the mean of a sample of 25 square kilometers, the mean of the sample means, denoted by ▁x, can be found by:

Mean of ▁x = Mean of the population = 6

The standard deviation of the sample means, denoted by σ(▁x), can be found by dividing the population standard deviation by the square root of the sample size:

σ(▁x) = Population standard deviation / √Sample size

= 2.4 / √25

= 0.48

Therefore, the mean of ▁x is 6 and the standard deviation of ▁x is 0.48.

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Part B
Which statements are true about functions f and g?
Select all the correct answers.
O Function g has a range of all real numbers.
O Function g has a constant percent rate of change of 125%.
O Functions fand g have the same y-intercept.
Function f eventually exceeds function g.
O Functions fand g both have a domain of all real numbers.
O Function f has a constant rate of change of -4.

Answers

Therefore , the solution of the given problem of function comes out to be  rate of change for O Function f is -4.

Describe the function.

There will be questions on every subject, including created and real places as well as algebraic variable design, on the midterm test. a schematic illustrating the connections between various components that work together to produce the same outcome. A service is made up of many unique parts that work together to produce unique outcomes for each input.

Here,

The appropriate statements, given the facts, are:

The range of function g includes all real values.

The y-intercepts of functions f and g are identical.

The domains of functions f and g are all real integers.

The appropriate answers are thus:

The range of the O Function g includes all real integers.

The steady percent rate of change for X Function g is 125%.

The y-intercepts of X Functions f and g are identical.

O Function f ultimately outperforms function g.

The domains of X Functions f and g are all real integers.

The steady rate of change for O Function f is -4.

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The company Save My Data offers data
storage in different packages for other
companies. 14 cloud accounts and 1 hard
drive have a total capacity of 18
terabytes. 3 hard drives and 4 cloud
accounts have a total capacity of 22
terabytes. Find the capacity of I cloud
account and the capacity of 1 hard drive.

Answers

the capacity of 1 cloud account is approximately 0.8421 terabytes, and the capacity of 1 hard drive is approximately 5.7895 terabytes.

Let's assume that the capacity of 1 cloud account is "C" terabytes and the capacity of 1 hard drive is "H" terabytes.

We can then set up a system of two equations to represent the given information:

14C + H = 18 (equation 1)

4C + 3H = 22 (equation 2)

We can use either substitution or elimination method to solve for C and H. Let's use elimination method by multiplying equation 1 by 3 and equation 2 by -1:

42C + 3H = 54 (equation 1 multiplied by 3)

-4C - 3H = -22 (equation 2 multiplied by -1)

Adding the two equations together, we get:

38C = 32

Dividing both sides by 38, we get:

C = 0.8421...

Now we can substitute this value of C into either equation 1 or equation 2 to solve for H. Let's use equation 1:

14C + H = 18

14(0.8421...) + H = 18

H = 5.7895...

Therefore, the capacity of 1 cloud account is approximately 0.8421 terabytes, and the capacity of 1 hard drive is approximately 5.7895 terabytes.

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Jack takes out a loan that gathers compound interest. The table below shows the value of the loan over time. a) What is the rate of interest per annum? Give your answer as a percentage to 1 d.p. b) Work out the value of the loan 10 years after it starts. Give your answer in pounds (£) to the nearest 1p. Start After 1 year After 2 years £7500.00 £7920.00 £8363.52​

Answers

Accοrding tο the given infοrmatiοn, the value οf the lοan 10 years after it starts is [tex]\£15,640.16[/tex]

What is cοmpοund interest?

Cοmpοund interest is the interest earned οn bοth the principal amοunt and the accumulated interest frοm previοus periοds.

Tο find the rate οf interest per annum, we can use the fοrmula:

[tex]A = P(1 + r/n)^{(nt)[/tex]

where A is the end value οf the lοan, P is the initial value οf the lοan, r is the interest rate per annum (as a decimal), n is the number οf times per year that the interest is cοmpοunded, and t is the time in years.

Using the table, we can see that after οne year, the lοan has increased tο £7920.00, which is an increase οf:

7920.00 - 7500.00 = 420.00

After twο years, the lοan has increased tο £8363.52, which is an increase οf:

8363.52 - 7500.00 = 863.52

Tο find the rate οf interest per annum, we can use the fοrmula:

[tex]r = (A/P)^{(1/t)-1[/tex], where A is the end value οf the lοan, P is the initial value οf the lοan, t is the time in years, and r is the interest rate per annum (as a decimal).

Using the values frοm the table, we get:

[tex]r = (8363.52/7500.00)^{(1/2)} - 1 = 0.06[/tex]

Sο the rate οf interest per annum is 6% (tο 1 decimal place).

Tο find the value οf the lοan after 10 years, we can use the fοrmula:

[tex]A = P(1 + r/n)^{(nt)[/tex]

where P is the initial value οf the lοan, r is the interest rate per annum (as a decimal), n is the number οf times per year that the interest is cοmpοunded, and t is the time in years.

Using the values we have, we get:

[tex]A = 7500(1 + 0.06/1)^{(1*10)} =\£15,640.16[/tex]

Sο the value οf the lοan 10 years after it starts is £15,640.16 (tο the nearest penny).

To know more about compound interest visit:

brainly.com/question/20406888

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