How large will your retirement account be
You are planning to make monthly deposits of $450 into a retirement account that pays 8 percent interest compounded monthly. If your first deposit will be made one month from now, how large will your retirement account be in 25 years?
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Can not answer because the test statistics also depends on sample standard deviation s which is not given. x = 90 will have a smaller p-value because it provides more support for HA.
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