The Morenos invest $10,000 in an account that grows to $14,000 in 5 years. What is the annual interest rater if interest is compounded Part 1 out of 2 a. Quarterly. If interest is compounded quarterly, the annual interest rate is %. Round your answer to two decimal places. Part 2 out of 2 b. Continuously. If interest is compounded continuously, the annual interest rate is %. Round your answer to two decimal places.

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Confidence Intervals

When we calculate intervals in probability and statistics, it can be simply termed as finding out a confidence interval. The confidence interval is usually calculated from the data set which is observed. The value of the parameter that needs to be calculated is present here only.