An investment of $10 000 to be invested for a period of 5 years and compounded quarterly at 3.75% p. a. will have a future value closest to which of the following: A $10 480 B $12 020 C $12 050 D $20 900 E None of the above.

According to a study conducted in 2015, 18% of shoppers said that they prefer to buy generic instead of name-brand products. suppose that in a recent sample of 1500 shoppers, 315 stated that they prefer to buy generic instead of name-brand products. at a 5% significance level, can you conclude that the proportion of all shoppers who currently prefer to buy generic instead of name-brand products is higher than .18? use both the p-value and the critical-value approaches.