Michael borrowed $1000 on a 2 year loan. He is charged 5% simple interest per year. How much interest is he charged for 2 year? What is the total amount he has to pay
back?
O $1000, $3000
O $10, $1010
O $50, $5000
O $100, $1100

Arandom sample of 45 observations results in a sample mean of 68. the population standard deviation is known to be 23 a. compute the margin of error at a 959% confidence interval. b. compute the 95% confidence interval for the population mean c. compute the 90% confidence interval for the population mean. d. compute the 75% confidence interval for the population mean