When josh borrowed money, he originally agreed to repay the loan by making three equal payments of $1500, with a payment due now, another payment due two years from now, and the final payment due four years from now. Instead of the original payments, he plans to pay off the loan by making a single payment of 5010. If interest is 10%, compounded annually, when will he make the single payment?

Recall that the owner of a local health food store recently started a new ad campaign to attract more business and wants to know if average daily sales have increased. historically average daily sales were approximately $2,700. the upper bound of the 95% range of likely sample means for this one-sided test is approximately $2,843.44. if the owner took a random sample of forty-five days and found that daily average sales were now $2,984, what can she conclude at the 95% confidence level?