Question

Find the C.I. on 27000 for 9 years @ 4% p.a.

​

Answer 1

Step-by-step explanation:

Determine the confidence level and find the appropriate z*-value. Refer to the above table.

Find the sample mean. for the sample size (n). ...

Multiply z* times. and divide that by the square root of n. ...

Take.

Answer 2

Answer:

3783

Step-by-step explanation:

P=24000Rs

n=3 because due to semi-annually 3× 1/2

months are there

r=10% but for 1/2

years r= 2/10

=5%.

Amount =P(1+ 100 ) n

=24000(1+0.05) 3

=24000×1.05×1.05×1.05

Amount =27783

CI=27783−24000

CI=3783.