A customer deposits $500 in an account that pays 4% annual interest. What is the balance after 3 years if the interest is compounded annually? Compound interest formula: V (t) = P (1 + StartFraction r Over n EndFraction) Superscript n t t = years since initial deposit n = number of times compounded per year r = annual interest rate (as a decimal) P = initial (principal) investment V(t) = value of investment after t years

Formulate the indicated conclusion in nontechnical terms. be sure to address the original claim. the foundation chair for a hospital claims that the mean number of filled overnight beds is over 523, and she is therefore justified starting a funding campaign to add a wing to the hospital. assuming that a hypothesis test has been conducted and that the conclusion is failure to reject the null hypothesis, state the conclusion in nontechnical terms.