PLS HELP ASAP ON ALL ASKED QUESTIONS PLS 9. An investment of $15,000 earns 2.5% interest, compounded monthly.a) How much will the investment be worth after 3.5 years?b) How long will it take for the investment to reach $25,000?c) Explain if you feel that this is a good investment to make.

So, the investment will be worth $16,370.1439 after 3.5 years.

Answered: 9. An investment of $15,000 earns 2.5%…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

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In a study of high school students at least 16 years of age, researchers obtained survey results summarized in the accompanying table. Use a 0.05 significance level to test the claim of independence between texting while driving and driving when drinking alcohol. Are those two risky behaviors independent of each other? Click the icon to view the table of survey results. Determine the null and alternative hypotheses. Ho: H₁: Determine the test statistic. x² = (Round to two decimal places as needed.) Determine the P-value of the test statistic. P-value = (Round to three decimal places as needed.) Do the results suggest that texting while driving and driving while drinking are related? O A. Reject the null hypothesis. There is sufficient evidence at a 0.05 significance level to warrant rejection of the claim of independence between texting while driving and driving while drinking alcohol. Those two risky behaviors appear to be somehow related. B. Reject the null hypothesis. There is…
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9. An investment of $15,000 earns 2.5% interest, compounded monthly. a) How much will the investment be worth after 3.5 years? b) How long will it take for the investment to reach $25,000?