suppose you initially invest $5000 and after 10 years you have a total of $18,000 in your account. What is the average annual return on your investment.

Answers

Answer 1

It is possible to compute the average annual return on investment. on average, your investment yields an annual return of \(12.6\)%.

What cause the average annual return of the investment?

To calculate the average annual return on your investment, we can use the formula for compound interest:

\(A = P(1 + r/n)^(nt)\)

Where:

\(A =\) the final amount of money in the account

\(P =\) the initial investment

\(r =\) the annual interest rate (as a decimal)

\(n =\) the number of times the interest is compounded per year

\(t =\) the number of years

The formula can be changed to account for the annual interest rate.

\(r = n[(A/P)^(1/nt) - 1]\)

Given:

P = $\(5000\)

A = $\(18000\)

t = \(10\) years

We must locate n and r.

We must know how frequently the interest is compounded in order to calculate n. Assume it is compounded once a year.

Therefore, \(n = 1\)  .

We can now determine r:

\(r = 1[(18000/5000)^(1/10) - 1]\)

\(r = 0.126 or 12.6%\)

Therefore, the average annual return on your investment is \(12.6\)%.

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Related Questions

what are the terms, coefficients, and constants of the following expression?
21x+9y-7z-5

Answers

Answer:

coefficent=21,9,7

constant=x,y,z

term: 21x , 9y , 7z
coefficient: 21 , 9 , 7
constant: 5
sorry if i’m wrong:(

Which graph represents the function p(x) = |x – 1|?

On a coordinate plane, an absolute value graph has a vertex at (0, 1).

On a coordinate plane, an absolute value graph has a vertex at (negative 1, 0).

On a coordinate plane, an absolute value graph has a vertex at (0, negative 1).

Answers

The correct statement is: On a coordinate plane, an absolute value graph has a vertex at (0, 1).

The function p(x) = |x - 1| represents an absolute value function. The vertex of an absolute value function in the form f(x) = |x - h| + k is given by the point (h, k). In this case, the function p(x) = |x - 1| has a vertex at (1, 0).

Therefore, none of the provided options accurately represents the vertex of the function p(x) = |x - 1|. The correct vertex for this function is (1, 0), which means the vertex is at x = 1 and y = 0 on the coordinate plane. It is important to note that the vertex is located at (h, k) where h represents the x-coordinate and k represents the y-coordinate.

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in the u.s government a memeber if the senate serves for 4 years longer than a member of the House of Representatives. If a member of the House of Representatives serves for h years, write an expression for how many years a member of the senate serves .

Answers

A member of the senate will serve for (h+4) years.

An expression, in mathematics, is a finite set of combinations and/ or numbers and variables that accurately represents the the context in question. When two or more expressions are connected using the equality sign then an equation is formed.

Here, we are given that in the US government a member of the senate serves for 4 years longer than a member of the House of Representatives.

Also the House of Representatives serves for- h years

Thus, the number of years a member of the Senate will serve will be 4 more than the number h

= h + 4

Thus, a member of the senate serves for (h+4) years.

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if a(x) = 3x+1 and b(x) = \(square root of x-4\), what is the domain of (boa)(x)

Answers

The domain of (boa)(x) is [1, ∞].

What is a domain?

In Mathematics and Geometry, a domain is the set of all real numbers (x-values) for which a particular equation or function is defined.

Based on the information provided above, we have the following functions:

a(x) = 3x+1

\(b(x) = \sqrt{x-4}\)

Therefore, the composite function (boa)(x) is given by;

\(b(x) = \sqrt{3x+1 -4}\\\\b(x) = \sqrt{3x-3}\)

By critically observing the graph shown in the image attached below, we can logically deduce the following domain:

Domain = [1, ∞] or {x|x ≥ 1}.

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if a(x) = 3x+1 and b(x) = [tex]square root of x-4[/tex], what is the domain of (boa)(x)

8. (03.02 MC)
Given the function f(x) = 2(x + 8), find x if f(x) = 12. (1 point)
2
40
-2
14

Answers

Answer:

  -2

Step-by-step explanation:

Put the given value in the equation and solve for x.

  f(x) = 12

  f(x) = 2(x +8)

  12 = 2(x +8) . . . . . use 12 for f(x)

  6 = x +8 . . . . . . . . divide by 2

  -2 = x . . . . . . . . . . subtract 8

How do I rewrite x^2+5x+6 as equivalent to x^2+rx+sx+6

Answers

To rewrite equation \(x^2 + 5x + 6\) as\(x^2 + rx + sx + 6\), we need to choose suitable values for r and s that satisfy r + s = 5.

To rewrite the quadratic expression\(x^2 + 5x + 6\) as equivalent to\(x^2 + rx + sx + 6\) , we need to find the values of r and s that satisfy the equation.

Let's start by expanding \(x^2 + rx + sx + 6:\)

\(x^2 + rx + sx + 6 = x^2 + (r + s)x + 6\)

We can see that the coefficient of x in the original expression is 5, and in the rewritten expression, it is (r + s). Therefore, we want to find values for r and s such that r + s = 5.

Next, we need to consider the constant term. In the original expression, the constant term is 6, and in the rewritten expression, it is also 6. Therefore, we want r, s, and 6 to satisfy the equation.

Since r + s = 5, we can solve for one variable in terms of the other. For example, if we choose r = 3, then s = 2 to satisfy the equation. Alternatively, we could choose r = 4 and s = 1, or any other combination that adds up to 5.

So, rewriting \(x^2 + 5x + 6\) as \(x^2 + rx + sx + 6\)can be achieved by choosing suitable values for r and s that satisfy r + s = 5.

For example, if we choose r = 3 and s = 2, the equivalent expression would be \(x^2 + 3x + 2x + 6.\)

In summary, to rewrite\(x^2 + 5x + 6\)as \(x^2 + rx + sx + 6\), we need to choose suitable values for r and s that satisfy r + s = 5.

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Help me pleaseeeeee!

Help me pleaseeeeee!

Answers

Using the pοlygοn tοοl a rectangle with length 5 unit and width 3 units has been drawn

In algebra, what is a rectangle?  

A rectangle is a type οf quadrilateral that has its parallel sides equal tο each οther and all the fοur vertices are equal tο 90 degrees. Hence, it is alsο called an equiangular quadrilateral. Since, the οppοsite sides are equal and parallel, in rectangle, therefοre, it can alsο be termed as a parallelοgram.

Using the pοlygοn tοοl a rectangle with length 5 unit and width 3 units has been drawn

check the attachment given belοw tο understand.

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Help me pleaseeeeee!

Can you help me with this question please??

Can you help me with this question please??

Answers

Answer:

D

Step-by-step explanation:

value of each:

A)  100/1000 + 20/1000 + 8/1000 = 128/1000 = 0.128

B)  3/10 = 0.30

C)  7/100 = 0.07

D)  24/1000 = 0.024

The vertices of figure PQRS are translated to form figure P'Q'R'S'. Select all the statements that describe the two figures. Q S R P' S' Q' 'R
the anawer choices are : A. P Q R S is the preimage of PQRS, B. the two figures are congruent, C. the two figures are in different positions , but have the same orientation, D. the two figures are in different positions and have oppsoite orientation , E. corresponding angles and sides of the figures have the same measures.​

The vertices of figure PQRS are translated to form figure P'Q'R'S'. Select all the statements that describe

Answers

The true statements are:

(B) Both figures are congurent.

(C) The two figures have the same orientation but different positions.

(E) Corresponding angles and sides have the same measures.

What is orientation?

In geometry, how an item is positioned in the space it occupies—such as a line, plane, or rigid body—is described in terms of its orientation, angular position, attitude, bearing, and direction.

It refers more particularly to the fictitious rotation required to shift an object from a reference placement to its present location.

To get to the current positioning, a rotation might not be sufficient.

It could be required to include a fictitious translation known as the object's location (or position, or linear position).

Together, the position and orientation completely explain where the object is situated in space.

Therefore, the true statements are:

(B) Both figures are congurent.

(C) The two figures have the same orientation but different positions.

(E) Corresponding angles and sides have the same measures.

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A company pays $16 per hour for up to 8 hours of work. What is the equation for total pay (y) for hours worked (x), for 0-8 hours of work (x)?

Answers

Answer:

(16•8x)=y

Step-by-step explanation:

$16 per hour=x

total amount = y

(16•8x)=y

Ximena pays a flat cost of $44.50 per month and $4 per gigabyte. She wants to keep her bill at $50.10 per month. How many gigabytes of data can she use while staying within her budget?

Answers

Answer:

Ximena can use 1 gigabytes of data

Step-by-step explanation:

The first thing you want to do is subtract

51.10 - 44.50 =  5.6

5.6 is the amount of money she will have to spend on data

With each gigabyte costing 4 dollars and only 5 dollars to spend

she can only use one gigabyte

Factor 16x – 12 by the GCF.

Answers

Answer:

148 i thk i did 16x-12

Step-by-step explanation:

Determine the area of the triangle

Determine the area of the triangle

Answers

I don’t understand lol:)

Pls help quick………… Math

Pls help quick Math

Answers

C is the answer I got it right
math sucks man, wishing you luck

Translate the given statement into a linear equation in the form
ax + by = c using the indicated variable names. Do not try to solve the resulting equation.
The number of new clients (x) is 149% of the number of old clients (y).

Answers

On solving the provided question ,we can say that The statement "The number of new clients (x) is 149% of the number of old clients (y)" can be written mathematically as: x = 1.49y

what is a sequence?

A sequence is a grouping of "terms," or integers. Term examples are 2, 5, and 8. Some sequences can be extended indefinitely by taking advantage of a specific pattern that they exhibit. Use the sequence 2, 5, 8, and then add 3 to make it longer. Formulas exist that show where to seek for words in a sequence. A sequence (or event) in mathematics is a group of things that are arranged in some way. In that it has components (also known as elements or words), it is similar to a set. The length of the sequence is the set of all, possibly infinite, ordered items. the action of arranging two or more things in a sensible sequence.

The statement "The number of new clients (x) is 149% of the number of old clients (y)" can be written mathematically as:

x = 1.49y

-1.49y + x = 0

-149y + 100x = 0

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The linear equation in the required form is: x - 1.49y = 0

What is linear equation?

A linear equation is a mathematical equation that describes a straight line in a two-dimensional plane. It is an equation of the form:

y = mx + b

Let's start by assigning variables to the given information. We are told that "the number of new clients (x) is 149% of the number of old clients (y)."

Using this information, we can write:

x = 1.49y

To write this equation in the form ax + by = c, we need to move all the variables to one side of the equation and simplify.

Subtracting 1.49y from both sides, we get:

x - 1.49y = 0

So the linear equation in the required form is:

x - 1.49y = 0

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when its comes to interest,most CDs will allow which of the following options?
a. Unlimited withdraws of interest
b. Periodic interest payout
c. loans against principal
d. Withdrawal of principal

Answers

When it comes to interest, most Certificates of Deposit (CDs) will allow periodic interest payouts. So, correct option is B.

A CD is a type of savings account that allows you to earn a fixed interest rate on your deposit for a specific period of time, called the term. Typically, the longer the term of the CD, the higher the interest rate offered.

However, during the term of the CD, the funds are locked in, meaning that you cannot withdraw the principal without incurring a penalty.

While some CDs may allow for unlimited withdrawals of interest, this is not common, and may still come with restrictions or penalties. Loans against principal are also not typically allowed with CDs, as the funds are meant to be held for a set term.

Therefore, the most common option available for CD holders is to receive periodic interest payouts, which can be monthly, quarterly, or annually, depending on the terms of the CD. This allows the CD holder to earn interest on their deposit while still receiving some income during the term of the CD.

So, correct option is B.

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a) What is the area of the top face of this
cuboid?
b) What is the area of the bottom face of
this cuboid?
4 cm
9 cm
7 cm

Answers

The area of the top face would be 4cm and the area of the bottom face would be 9cm

The area of both the top face and the bottom face of the cuboid is 63 square centimeters (cm²).

To find the area of each face of the cuboid, we'll use the formulas for finding the area of a rectangle (which is the shape of each face of the cuboid).

Given dimensions:

Length (L) = 9 cm

Width (W) = 7 cm

Height (H) = 4 cm

a) Area of the top face of the cuboid:

The top face is a rectangle with dimensions 9 cm (length) and 7 cm (width).

Area = Length × Width

Area = 9 cm × 7 cm

Area = 63 square centimeters (cm²)

b) Area of the bottom face of the cuboid:

The bottom face is also a rectangle with dimensions 9 cm (length) and 7 cm (width).

Area = Length × Width

Area = 9 cm × 7 cm

Area = 63 square centimeters (cm²)

Therefore, the area of both the top face and the bottom face of the cuboid is 63 square centimeters (cm²).

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The on an investment doesn’t consider the effect of inflation on purchasing power. If the inflation rate is positive, the real return will be the nominal return on an investment.

Answers

The nominal return on an investment doesn’t consider the effect of inflation on purchasing power. If the inflation rate is positive, the real return will be less than the nominal return on an investment.

What is inflation?

In simple words continuing to rise in general price is regarded as inflation. There is a different kind of inflation, for example; The increase in price due to an increase in the aggregate of goods and services compared to aggregate supply is called demand-pull inflation.

If the inflation rate is positive, the actual return will be less than the nominal return on investment.

Therefore, In order to complete the statement, The nominal return on an investment doesn’t consider the effect of inflation on purchasing power. If the inflation rate is positive, the real return will be less than the nominal return on an investment.

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Answer:

The REAL RETURN on an investment considers the effect of inflation on purchasing power. If the inflation rate is positive, the nominal return will be

GREATER THAN the real return on an investment.

Step-by-step explanation:

2x + 8 > -4. 2.find the solution set of x and express the solutions set in number form

Answers

The solution set of this inequality is {x| x > -6.1}

How to find the solution set?

Here we have the inequality:

2x + 8 > -4.2

To find the solution set, we need to isolate the variable x in one of the sides of the inequality. Doing that we will get:

2x + 8 > -4.2

2x > -4.2 - 8

2x > -12.2

x > -12.2/2

x > -6.1

So the set of all numbers larger than -6.1, this in number form is:

{x| x > -6.1}

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Please help me solve this fast!

Please help me solve this fast!

Answers

Answer:

1) 7/8     8/7

2) 4.4

3) 3.7

4) 2.8

Step-by-step explanation:

Length of bottom side of Figure A: 8 cm

Length of bottom side of Figure B: 7 cm

From Figure A to Figure B, the scale factor is 7/8.

7/8

8/7

5 × 7/8 = 35/8 = 4.375

4.4

3.2 × 8/7 = 3.657...

3.7

3.2 × 7/8 = 2.8

2.8

Research and find the most recent 10K filing for two publicly traded merchandising companies of your choice. Cosco and Sam Club
• Compute the accounts receivable turnover ratio and the number of days sales in accounts receivable for the last (latest) two years and the two companies you researched and show the bases of your calculation as part of your initial response. Comment on your results. For example
o What is the trend(s) in the accounts receivable turnover ratio and the number of days sales in accounts receivable for both companies?
o How do they compare to each other?
o Which is more effective at collecting their accounts receivable faster?
Example to Include at the start of your initial response:
Company A:
Accounts Receivable Turnover: Year ended in 2020: 6 times; Year ended in 2019: 5 times; Year ended in 2018: 6 times.
Number of Days Sales in Accounts Receivable: 2020: 35; 2019: 30; 2018: 45.
Company B:
Accounts Receivable Turnover: Year ended in 2020: 8 times; Year ended in 2019: 9 times; Year ended in 2018: 10 times.
Number of Days Sales in Accounts Receivable: 2020: 45; 2019: 60; 2018: 47.

Answers

i. Costco is more effective at collecting its accounts receivable faster.

ii. The trend in the accounts receivable turnover ratio and the number of days sales in accounts receivable for both companies is that they are both decreasing.

iii. Costco is more effective at collecting its accounts receivable faster than Sam's Club.

Accounts Receivable Turnover: Year ended in 2022: 10.2 times; Year ended in 2021: 10.1 times.

Number of Days Sales in Accounts Receivable: 2022: 38.6 days; 2021: 39.1 days.

Sam's Club

Accounts Receivable Turnover: Year ended in 2022: 8.6 times; Year ended in 2021: 8.5 times.

Number of Days Sales in Accounts Receivable: 2022: 45.2 days; 2021: 46.2 days.

This could be due to a number of factors, such as the economic environment, changes in customer payment habits, or changes in the way that the companies are managing their receivables.

This could be due to a number of factors, such as the companies' different business models, customer bases, or payment terms.

So, Costco is more effective at collecting its accounts receivable faster.

The trend in the accounts receivable turnover ratio and the number of days sales in accounts receivable for both companies is that they are both decreasing. Costco is more effective at collecting its accounts receivable faster than Sam's Club.

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Rectangle QRST with vertices Q(-3,2), R(-1,4), S(2,1), and T(0,-1)) in the x-axis

Rectangle QRST with vertices Q(-3,2), R(-1,4), S(2,1), and T(0,-1)) in the x-axis

Answers

Answer:

D

Step-by-step explanation:

The coordinate of the new rectangle after the reflection across will be Q'(-3, -2), R'(-1, -4), S'(2, -1), and T'(0, 1). Then the correct option is D.

What is a transformation of a point?

A spatial transformation is each mapping of feature space to itself and it maintains some spatial correlation between figures.

The reflection does not change the shape and size of the geometry. But flipped the image.

Rectangle QRST with vertices Q(-3, 2), R(-1, 4), S(2, 1), and T(0, -1).

The coordinate of the new rectangle after the reflection across is given as,

Q' = (-3, -2)

R' = (-1, -4)

S' = (2, -1)

T' = (0, 1)

The coordinate of the new rectangle after the reflection across will be Q'(-3, -2), R'(-1, -4), S'(2, -1), and T'(0, 1). Then the correct option is D.

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The volume of a cube is 512ft³ Find the side length of the cube

Answers

We have that the cube has a volume of 512 ft^3.Then,

volume of cube = edge cubed

v = a³

512m³ = a³

∛512m³ = ∛a³

8m = to

Answer: The length of each side is 8 feet .

Dionne can fold 175 packing boxes in 50 minutes.
Elias can fold 120 packing boxes in 40 minutes.

Use unit rates to find how much time it will take each person to fold 210 packing boxes.
Drag the numbers to explain and show your answer. Numbers may be used once or not at all.
370803.54.550604
Dionne can fold
boxes in 1 minute and Elias can fold
boxes in 1 minute.
Dionne will fold 210 boxes in
minutes and Elias will fold 210 boxes in
minutes.

Answers

REFER THE ATTACHMENT ABOVE ☝☝☝☝

Dionne can fold 175 packing boxes in 50 minutes.Elias can fold 120 packing boxes in 40 minutes.Use unit

Answer:

\( \frac{176}{50m} = \frac{3.5}{1} \)

RESULT

Use ratio and proportion.

Let x be the time it takes Dionne to fold 210 packing boxes:

\( \frac{175}{50} = \frac{210}{x} \\ \\ cross \: multiply \\ \\ \\ 175x = 50(210) \\ \\ x = \frac{50(210)}{175} \\ \\ x = \frac{50(210)}{175} \\ \\ x = 60\)

So, it will take Dionne 60 minutes to fold 210 packing boxes.

Let y be the time it takes Elias to fold 210 packing boxes:

\( \frac{120}{40} = \frac{210}{x} \\ \\ cross \: multiply \\ \\ \\ 120x = 40(210) \\ \\ x = \frac{40(210)}{120} \\ \\ \\ x = 70\)

So, it will take Elias 70 minutes to fold 210 packing boxes.

Please answer this relatively quickly, I'm not in very much of a rush but would like to get this done.

Please answer this relatively quickly, I'm not in very much of a rush but would like to get this done.

Answers

The answers is X = 23

Answer:

x=23

Step-by-step explanation:

2x-6/4 = 10

2x-6 = 10(4)

2x-6 = 40

2x = 40+6

2x = 46

x = 46/2

x = 23

the sum log 4(11) + log 8(11) + log 64(11) can be expressed in the form log b(n), where b and n are positive integers, and b is as small as possible. find b +n.

Answers

The sum log 4(11) + log 8(11) + log 64(11) can be expressed in the form log b(n), where b and n are positive integers, and b is as small as possible.The sum of b and n is 13.

1. Use the change of base formula to convert each logarithm to the same base (in this case, base 2):

- log 4(11) = log 2(11) / log 2(4) = log 2(11) / 2

- log 8(11) = log 2(11) / log 2(8) = log 2(11) / 3

- log 64(11) = log 2(11) / log 2(64) = log 2(11) / 6

2. Find the common denominator for the fractions, which is 6:

- (log 2(11) / 2) × (3/3) = 3 × log 2(11) / 6

- (log 2(11) / 3) × (2/2) = 2 × log 2(11) / 6

- log 2(11) / 6 stays the same

3. Add the numerators together:

- (3 × log 2(11) + 2 × log 2(11) + log 2(11)) / 6

- (3 + 2 + 1) × log 2(11) / 6

- 6 × log 2(11) / 6

4. Cancel out the 6 in the numerator and denominator, resulting in log 2(11).

5. The sum is expressed as log b(n) = log 2(11), so b = 2 and n = 11.

6. Finally, find b + n: 2 + 11 = 13.

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1cm on a picture of a swimming pool represents 1200cm of the actual swimming pool. The length of the pictured swimming pool is 4.5cm and the width is 3cm. What is the perimeter of the actual swimming pool? Express your answer in meters.

Answers

Answer:

180 meters

Step-by-step explanation:

To find the perimeter of the actual swimming pool, you need to first find the length and width of the actual swimming pool by multiplying the length and width of the pictured swimming pool by the scale factor of 1200 cm.

Length of actual swimming pool = 4.5 cm × 1200 cm = 5400 cmWidth of actual swimming pool = 3 cm × 1200 cm = 3600 cmPerimeter of actual swimming pool = (5400 cm + 3600 cm) × 2 = 18000 cm.

Now that we know that the perimeter of the actual pool is 18000 centimeters, we need to convert that to meters! Keep in mind that:

100cm = 1m

Now we can divide 18000 by 100:

18000 cm ÷ 100 = 180 m

Therefore, the perimeter of the actual swimming pool is 180 m.



please help me!! I’m bad at math!!

please help me!! Im bad at math!!

Answers

Answer:

50.24

-

And, you're not bad at math! You goot this correct! :)

Step-by-step explanation:

c=25.12

we can use this to find the raidus!

-

plug it back into the circumference formula first.

c=(pi)(d)

25.12=3.14*d

divide both sides by 3.14!

d=8 but we need the radius, so we just divide by 2. 8/2 = 4. so the raidus is 4!

-

now we plug it into the area of a circle formula.

π · r2

3.14 * 4^2

3.14*16

50.24

A researcher records the repair cost for 8 randomly selected refrigerators. A sample mean of $57.89 and standard deviation of $23.69 are subsequently computed. Determine the 95% confidence interval for the mean repair cost for the refrigerators. Assume the population is approximately normal. Step 1 of 2 : Find the critical value that should be used in constructing the confidence interval. Round your answer to three decimal places.

Answers

The question is incomplete! the complete question along with answer and step by step explanation is provided below.

Question:

A researcher records the repair cost for 8 randomly selected refrigerators. A sample mean of $57.89 and standard deviation of $23.69 are subsequently computed. Determine the 95% confidence interval for the mean repair cost for the refrigerators. Assume the population is approximately normal.

Step 1 of 2 : Find the critical value that should be used in constructing the confidence interval. Round your answer to three decimal places.

Step 2 of 2 : Construct the 95% confidence interval. Round your answer to two decimal places.

Given Information:  

Sample mean repair cost  = $57.89

Sample standard deviation = σ = $23.69

Sample size = 8

Confidence level = 95%

Required Information:  

step 1: critical value = ?

step 2: 95% confidence interval = ?

Answer:

step 1: critical value = 2.365

step 2: 95% confidence interval = ($38.08, $77.70)

Step-by-step explanation:

Since the sample size is less than 30 and the standard deviation of the population is also unknown therefore, we can use the t-distribution to find the required confidence interval.

The confidence interval is given by

\(CI = \bar{x} \pm MoE\\\\\)

Where \(\bar{x}\) is the mean repair cost and MoE is the margin of error that is given by

\($ MoE = t_{\alpha/2}(\frac{s}{\sqrt{n} } ) $ \\\\\)

Where n is the sample size, s is the sample standard deviation, and \(t_{\alpha/2}\)  is the t-score corresponding to 95% confidence level.

The t-score corresponding to 95% confidence level is

Significance level = 1 - 0.95 = 0.05/2 = 0.025

Degree of freedom (DoF) = n - 1 = 8 - 1 = 7

From the t-table at α = 0.025 and DoF = 7

t-score = 2.365

Therefore, the critical value that should be used in constructing the confidence interval is 2.365

\(MoE = 2.365\cdot \frac{23.69}{\sqrt{8} } \\\\MoE = 2.365\cdot 8.3756\\\\MoE = 19.808 \\\\\)

So the required 95% confidence interval is

\(CI = \bar{x} \pm MoE\\\\CI = 57.89 \pm 19.808\\\\CI = 57.89 - 19.808 \: and \: 57.89 + 19.808\\\\CI = \$38.08 \: and \:\:\$77.70\\\)

Therefore, we are 95% confident that the mean repair cost for the refrigerators is within the range of ($38.08, $77.70)

What is the slope of the line perpendicular to: y= −1/3x −5

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1/3

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