Many people have misconceptions about how profitable small, consistent investments can be. In a survey of 1010 randomly selected U.S. adults (Associated Press, October 29, 1999), only 374 responded that they thought that an investment of $25 per week over 40 years with a 7% annual return would result in a sum of over $100,000 (the correct amount is $286,640). Is there sufficient evidence to conclude that less than 40% of U.S. adults are aware that such an investment would result in a sum of over $100,000? Test the relevant hypotheses using α =.05.

Answers

Answer 1

No, there is not. We do not have sufficient evidence to conclude that less than 40% of U.S. adults are aware that such an investment would result in a sum of over $100,000.

Two-Proportion Z-Test Results

To test the hypothesis that less than 40% of U.S. adults are aware that such an investment would result in a sum of over $100,000, we can use a two-proportion z-test. The null hypothesis is that the proportion of U.S. adults who are aware of the investment's outcome is equal to or greater than 40%, and the alternative hypothesis is that the proportion is less than 40%.

The test statistic is calculated as:

z = (p1 - p2) / √(p(1-p)(1/n1 + 1/n2))

where p1 is the proportion of U.S. adults in the sample who are aware of the investment's outcome (374/1010), p2 is the proportion assumed in the null hypothesis (0.4), and n1 and n2 are the number of observations in the sample and population, respectively.

Using these values, the test statistic is:

z = (0.369 - 0.4) / √(0.4(1-0.4)(1/1010)) = -1.08

Using a two-sided test with a significance level of 0.05, we can look up the critical value in a standard normal table or using software and find that the critical value is ±1.96. Since -1.08 is between -1.96 and 1.96, we fail to reject the null hypothesis.

Therefore, we do not have sufficient evidence to conclude that less than 40% of U.S. adults are aware that such an investment would result in a sum of over $100,000.

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Related Questions

One-half the sum of two numbers is 12. One of the numbers is three more than two times the other number. What are the two numbers?

Answers

Answer:

The two numbers are 17 and 7

Step-by-step explanation:

Translate this word problem into a math equation

If we let x and y be the two unknown numbers

One-half the sum of two numbers is 12 ==>

sum of two numbers : x + yone-half the sum of two numbers : (1/2)(x + y)one-half the sum of two numbers is 12:  (1/2)(x + y) =12


So one equation is 1/2(x + y) =12

Multiplying throughout by 2 gets rid of the denominator:
2 x 1/2 x (x + y) = 2 x 12

x + y = 24   (1)

One of the numbers is three more than two times the other number:
x = 2y + 3

or

x - 2y = 3  (2)

Equation (2) - Equation (1) =>

x + y - (x -2y) = 24 - 1
x + y - x + 2y = 21

3y = 21

y = 21/3

y = 7

With y = 7, substituting in equation 1 gives

x + y = 24

x + 7 = 24

x = 24-7

x = 17

The two numbers are 17 and 7





which of the following sentences are conditional statements? [more than one of the statements may be conditional.] group of answer choices i will order a pizza tonight only if we eat dinner at home. rain delayed the game. are you the only one home? discrete mathematics is required for a computer science transfer degree from foothill college.

Answers

I will order a pizza tonight only if we eat dinner at home is a conditional statement.

Sentences are groups of words that convey complete and logical meaning. They have subjects and predicates. It can be in form of exclamation and questions consisting of main and subordinating clauses.

Conditional statements are sentences where the subordinating clause influences whether the action that will be performed or not in the main clause. In these statements, the subordinating clause is also called the antecedent, and the main clause is called the consequent.

There are two types of Conditional statements, they are Implicative and predictive statements. Implicative sentences are based on facts whereas predictive statements depend on a situation dependent on a hypothetical case.

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PLS HELPP
Which line is parallel to the liney=4x+5?
A)y=-4x+2
B) y=4x+3
C)4x+5
D)y=-1/4x+9

Answers

Answer:

c

Step-by-step explanation:

it is 4×+5 which is easy as u tines it by fixing the sum into parts and its eisier

susan is conducting a survey about the electric bills of households in her city. from the electric company, she found that the population mean is $98.75 with a standard deviation of $10.45. susan has a sample size of 60. complete the equation that susan can use to find the interval in which she can be 68% sure that the sample mean will lie. 98.75 88.3 109.2 60 10.45 7.75 reset next

Answers

As per the given standard deviation, the interval in which she can be 68% sure that the sample mean will lie is 98.75 ± 10.45/ √60

In math the term called standard deviation is defined as a statistic that measures the dispersion of a dataset relative to its mean and is calculated as the square root of the variance.

Here we have given that the population mean is $98.75 with a standard deviation of $10.45 and the a sample size of 60.

Now, here we need to find the equation that Susan can use to find the interval in which she can be 68% sure that the sample mean will lie.

Here the distribution of the sample mean is approximately normal distribution with mean $98.75 and standard deviation approximately written as 10.45/√60

Here we have Symbolically written as,

=> X~ N(98.75, 10.45/√60) 2

Here by using empirical rule, then we find the limits for sample mean for which we're 68% sure that the sample mean will lie in that interval as one standard deviation away from its mean, then it can be written as

=> P (98.75 -10.45/√60 < x <98.75 +10.45/√60) ≈ 68%

Hence the equation is written as

=>98.75 ± 10.45/ √60

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State if the three numbers can be the measures of
the sides of a triangle.
4,7,8
Select the correct response:
O True
O False

Answers

True. The three numbers can be the measures of the sides of a triangle.

What is the triangle inequality theorem?

The triangle inequality theorem is a fundamental principle in Euclidean geometry that states that the sum of the lengths of any two sides of a triangle must be greater than the length of the third side. This means that in any triangle, no side can be longer than the sum of the other two sides.

The three numbers 4, 7, and 8 can be the measures of the sides of a triangle. This is because of the triangle inequality theorem which states that the sum of the lengths of any two sides of a triangle must be greater than the length of the third side. In other words, for any triangle, the sum of two sides must always be greater than the third side.

For example, in this case,

4 + 7 = 11 > 8,

7 + 8 = 15 > 4,

4 + 8 = 12 > 7

Hence, 4, 7, and 8 can be the measures of the sides of a triangle, so the correct response would be "True".

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Which of the following is the equation that represents the graph?

[tex]a)y=-\frac{2}{3}* -6\\b)y=-\frac{3}{2}*-6\\c)y=-\frac{2}{3} *-4\\d) y=-\frac{3}{2}*-4[/tex]

Answers

The linear function that models the graph is given as follows:

a) y = -2x/3 - 4.

How to define the linear function?

The slope-intercept definition of a linear function is given as follows:

y = mx + b.

In which:

m is the slope, representing the rate of change.b is the intercept, representing the value of y when x = 0.

The graph crosses the y-axis at y = -4, hence the intercept b is obtained as follows:

b = -4.

When x increases by 6, y decays by 4, hence the slope m is obtained as follows:

m = -4/6

m = -2/3.

Hence the function is defined as follows:

y = -2x/3 - 4.

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a statistical study inbolves a data set of the different types of shoe designs by the designer calbvivn klein collected consistentyly over the years from 1987 to 2014 quizzlet

Answers

Answer:

c

Step-by-step explanation: got it     right on test

true/false. in the greek geocentric model, the retrograde motion of a planet occurs when: in the greek geocentric model, the retrograde motion of a planet occurs when: earth is about to pass the planet in its orbit around the sun. the planet actually goes backward in its orbit around earth. the planet is aligned with the moon in our sky.

Answers

According to the Greek geocentric paradigm, a planet moves retrogradely when it actually goes backward in its orbit around Earth. So the option b is correct.

The geocentric paradigm, also known as geocentrism, which is frequently and particularly shown by the Ptolemaic system, is an outdated explanation of the cosmos that places Earth at its center. The Sun, Moon, stars, and planets all orbit Earth according to the majority of geocentric models.

Since humans have been gazing up at the stars for thousands of years, our perception of what the Universe looks like has undergone a significant transformation.

In time, humanity also realized that the Earth was a sphere and developed logical justifications for how other heavenly bodies behaved. By classical antiquity, scientists had developed theories about how the planets moved and how all the celestial bodies interacted. This led to the development of the now-defunct Geocentric model of the cosmos, which described how the Sun, Moon, and firmament revolved around our earth.

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The complete question is:

In the Greek geocentric model, the retrograde motion of a planet occurs when (a) Earth is about to pass the planet in its orbit around the Sun. (b) the planet actually goes backward in its orbit around Earth. (c) the planet is aligned with the Moon in our sky.

Cual es el mínimo común múltiplo de 29 y 35?

Answers

Answer:

1015

Step-by-step explanation:

29 es un número primo.

Por tanto:

29*35 = 1015

El mínimo común múltiplo de 29 y 35 es:

1015

3w-4z=8 2w+3z=-6 solve.

Answers

Answer:

w = 0, z = − 2

Step-by-step explanation:

The solution for the given system of equations is: w = 0 and z = -2.

What is a system of equations?

A system of equations is a collection of two or more equations with the same set of unknowns. For a system to have a unique solution, the number of equations must equal the number of unknowns.

The equations are as follows:

[tex]3w-4z=8[/tex]-------- (1)

[tex]2w+3z=-6[/tex]-------(2)

The solution for the above equation,

Multiply the equation 1 by 2,

⇒([tex]3w-4z=8[/tex]  )*2 --------- (3)

Multiply the equation 2 by 3,

⇒([tex]2w+3z=-6[/tex] )*3 --------(4)

Now solve equations 3 and 4 to get,

⇒ [tex]-17z=34[/tex]

⇒ [tex]z= -2[/tex]

Now substitute the value of z in equation 1,

⇒  [tex]3w-4(-2)=8[/tex]

⇒ [tex]\\3w=0[/tex]

⇒ [tex]w=0\\[/tex]

Hence we can conclude that the solution for the given system of equations is w = 0 and z = -2.

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Trapezoid ABCD and trapezoid EFGH are
congruent. What is the difference between
the area of triangle ABC and the area of
triangle EFJ?

Answers

The difference between the area of triangle ABC and the area of triangle EFJ is 0 square unis

How to determine the difference in the areas

From the question, we have the following parameters that can be used in our computation:

Trapezoid ABCD and trapezoid EFGH are congruent.


From the complete question added as an attachment

We can see that the two triangles have the same base and the same height due to the congruence of the two trapezoids

This means that their areas are equal

The difference between equal values is 0

Hence, the area difference is 0

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24-hour digital clock is gaining three minutes every hour,if you set it to the correct time at 6 p.m. on Saturday,when will it show the correct time again?​

Answers

after 20 hours the clock will show 3*20 = 60 min = 1 hr more

since the clock is analogue after 12 hours it will show the same time hat is 6 am and 6 pm are shown the same way.

after 20*12 = 240 hr = 10 days the clock will show 12 hr more but since 6 am and 6 pm are shown the same after 240 hr = 10 days the clock will show the correct time again.

the correct time will be shown on Monday 6 pm.

2. An Olympic sized pool holds 6.6 x 105 gallons. How many liters is that? (1 gallon = 3.79 Liters)
a. 1.7 x 105 L
b. 2.5x 106 L
c. 1.7 x 104 L
d. 2.5 x 107 L

Answers

It will take 51 days to fill the Olympic sized pool.

What is relation between time and work?

Time and work have a relationship that is

Work Completed is equal to Time x Rate of Work.

Alternately, Rate of Work = Time Taken / 1.

Alternatively, Time Taken = 1 / Rate of Work

Considering that,

Pool volume is 6.6043 x 105 gallons, or 6,600,430 gallons.

9 litres of water are delivered through a hose every minute.

Therefore, the amount of water delivered by hose every hour is equal to (9 * 60) gallons.

Water provided by hosen each day is equal to (9 * 60 * 24) gallons, or 12,960 gallons.

Thus, the amount of time needed to fill the pool is equal to 6,600,430/12960.

There are 50.9 days needed to fill the pool.

51 days were needed to fill the swimming pool.

The Olympic-sized pool will therefore fill in 51 days.

The Complete Question is Olympic sized pool.

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5. The store is having a sale
on fruit. You can buy 6 kiwi for
$1.50. You can also get 5
mango for $3.00. What is the
total cost of buying 2 kiwis
and 3 mangoes?

Answers

Answer:

Step-by-step explanation:

1.50/6 = 0.25

3/5 = 0.6

0.25*2 = 0.5

0.6*3 = 1.8
1.80+0.50 = 2.30

$2.30

De una botella que contenía 1litro de agua, Juan bebió 1/4 de litro.Expresa con forma de número decimal la cantidad de agua que queda en la botella

Answers

The fraction of water left from the bottle which was 1 liter is 3/4 liter.

How to calculate the fraction?

Fraction simply means a piece of a whole. In this situation, the number is represented as a quotient such that the numerator and denominator are split. In this situation, in a simple fraction, the numerator as well as the denominator are both integers.

In this case, from the bottle which was 1 liter, Juan drank 1/4. The amount that is left will be:

= 1 - 1/4

= 3/4

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The bakery sales 9 sugar cookies for every 5 chocolate cookies sold. If the bakery sold 144 sugar cookies, what was the total number of cookies sold?

Answers

Answer:

224 total cookies sold

Step-by-step explanation:

if 9 sugar with every 5 cholates then, 144/9 = 16

so there were 16 times 5 cookies were sold with means

80 cholate cookies were sold

80+ 144= 224

:)

For every 14 cookies sold 9 are sugar and 5 are chocolate
So, if 144 are sugar the total sold
= 144 * 14/9
= 16 * 14
= 224 Answer.

Please help thanks!

Answers

7 or 5 because it’s important

A bowl at a delicatessen contains a mix of 15 apples, 12
oranges, and 9 pears. What is the probability of a customer
who gets one piece of fruit from the bowl randomly choosing
an orange or a pear?

Answers

The probability of a customer who gets one piece of fruit from the bowl randomly choosing an orange or a pear is 21/36

What is Probability ?

Probability can be defined as the ratio of number of favourable outcomes and total number of outcomes

Given ,

A bowl at a delicatessen contains a mix of 15 apples, 12 oranges, and 9 pears

so , we have to find  the probability of a customer who gets one piece of fruit from the bowl randomly choosing an orange or a pear.

Choosing orange or a pear ,

= 12c1 + 9c1

= 12+9

= 21

Total = 36.

Probability = 12 + 9 / 36

= 21 / 36 .

Therefore , The probability of a customer who gets one piece of fruit from the bowl randomly choosing an orange or a pear is 21/36

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(a) Describe a in words a sequence of transformations that maps AABC to AA'B'C'
(b) Write an ordered-pair rule for each transformation in the sequence.

Answers

Transformation includes changing the position of a shape.

The sequence of metamorphosis is 90 degrees counterclockwise gyration, followed by a vertical restatement to the right by 2 units.

What's meant by sequence?

A grouping of two or further particulars in a logical sequence. The following arrangement of two or further effects chronological arrangement. an arrangement of analogous particulars or generalities in chronological sequence. The length of the sequence is determined by the number of particulars. In discrepancy to a set, the same particulars might appear further than formerly in a sequence at colorful points, and unlike a set, the order is important. The formal description of a series is a function from natural figures to the rudiments in each position. An listed family, which is a function from any indicator set, can be allowed of as a conception of the idea of a sequence.

The ordered brace- rule for each are :

(x,y)⇒ (-y,x) and (x,y)⇒(x+2,y)

The sequence of metamorphosis.

From the figure, we observed that ABC was rotated and also restated

So, the sequence of metamorphosis on ABC are

90 degrees counter clockwise gyration.

Vertical restatement to the right by 2 units.

The ordered brace rule :

When a point is rotated 90 degrees counter clockwise, the rule of metamorphosis is :

x, y)->(- y, x)

When a point is restated 2 units right, the rule of metamorphosis is :

x, y)->( x 2, y)

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Transformation includes changing the position of a shape.

The sequence of metamorphosis is 90 degrees counter clockwise gyration, followed by a vertical restatement to the right by 2 units.

What's meant by sequence?

A grouping of two or further particulars in a logical sequence.The following arrangement of two or further effectschronological arrangement. an arrangement of analogous particulars or generalities in chronological sequence.The length of the sequence is determined by the number of particulars.In discrepancy to a set, the same particulars might appear further than formerly in a sequence at colorful points, and unlike a set, the order is important.The formal description of a series is a function from natural figures to the rudiments in each position.An listed family, which is a function from any indicator set, can be allowed of as a conception of the idea of a sequence.

The ordered brace- rule for each are :

(x,y)⇒ (-y,x) and (x,y)⇒(x+2,y)

The sequence of metamorphosis.

From the figure, we observed that ABC was rotated and also restated

So, the sequence of metamorphosis on ABC are

90 degrees counter clockwise gyration.

Vertical restatement to the right by 2 units.

The ordered brace rule :

When a point is rotated 90 degrees counter clockwise, the rule of metamorphosis is :

x, y)->(- y, x)

When a point is restated 2 units right, the rule of metamorphosis is :

x, y)->( x 2, y)

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I need help giving out how to find the IQR of a data set

Answers

We can find the interquartile range or IQR in four simple steps:

Order the data from least to greatest.

Find the median.

Calculate the median of both the lower and upper half of the data.

The IQR is the difference between the upper and lower medians.

express a cosine and sine function in terms of an imaginary exponential. conversely, express the imaginary exponential in terms of cosine and sine

Answers

A cosine and sine function can be expressed in terms of an imaginary exponential using Euler's formula: e^(iθ) = cos(θ) + i*sin(θ).

This formula can be derived by using the Taylor series for e^x, and replacing x with iθ.

A cosine and sine function can be expressed in terms of an imaginary exponential using Euler's formula: e^(iθ) = cos(θ) + i*sin(θ).

Conversely, an imaginary exponential can be expressed in terms of cosine and sine by solving for θ in the above equation. This can be done by taking the inverse cosine and inverse sine of both sides to get θ = cos^(-1)(e^(iθ)) = sin^(-1)(i*sin(θ)). Combining these equations gives θ = sin^(-1)(i*(e^(iθ) - cos(θ))).

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let $n$ be a positive integer such that every digit in $n$ is a $1$ or a $2,$ and $n$ is divisible by both $4$ and $9.$ what is the smallest possible value of $n?$ https://web2.0calc/questions/

Answers

The smallest possible number with digits 1 and 2, divisible by 4 and 9 is 22212.

A number that is divisible by both 4 and 9 must be divisible by their least common multiple (LCM), which is 36. To find the smallest possible value of n such that every digit is a 1 or a 2 and the number is divisible by 36, we can start with the smallest possible number that is divisible by 36 and only contains 1s and 2s, which is 11112.

As the number is divisible by 4 and contains only 1 and 2, the last two digits is 12. Now it is divisible by 9 so sum of digits is 9 or multiple of 9.

1 + 2 = 3

So we need digits sum equal 9-3 = 6 to be divisible by 9, so number is 22212.

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Select the figure with an angle of 300°
on a circle in standard position.

Answers

The figure of the coterminal angle of 300° on a circle in standard position is attached in the solution.

What are Coterminal angles?

Coterminal angles are angles in standard position (angles with the initial side on the positive x-axis) that have a common terminal side.

Coterminal angles are two angles in the standard position where one angle is a multiple of 360 degrees larger or smaller than the other. That is, if angle A has a measure of M degrees, then angle B is co-terminal if it measures M +/- 360n, where n=0,1,2,3, ...

Starting from that position, 300° is drawn by moving around the circle to the left "counter-clockwise" and ending at the 300° measure.

The negative coterminal angle is the angle that would end in the same place if we went to the right instead of right on the circle. It is equal to the original 300° minus 360°

Coterminal angles Ac to angle A may be obtained by adding or subtracting k⋅360° or k × (2π)

Hence, Ac = A + k⋅360°, if A is given in degrees.

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A salesperson engaged in activities that constitute violations of the NRS 645, including blockbusting and discrimination on the basis of disability. The salesperson also cashed a $25,000 earnest money check from a prospective buyer and used the proceeds to buy a new car. The salesperson’s employing broker was unaware of all of these activities. What is the impact on the salesperson’s broker when the salesperson’s violations are brought to the attention of the real estate commission?

Answers

The impact on the salesperson’s broker when the salesperson’s violations are brought to the attention of the real estate commission is that the employing broker may be disciplined by the real estate commission for failure to supervise.

What is real estate commission?

Real estate commission is defined as the agency that is responsible for the stating the rules and regulations regarding the selling and acquisition of land and other related properties.

The rules and regulations enacted by them helps to prevent different forms of violations which includes blockbusting and discrimination on the basis of disability.

Therefore, salesperson’s broker would be disciplined by the real estate commission for failure to supervise the salesperson.

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This is very very confusing

Answers

First, you have to know the term:

Linear pair: The measure of two adjacent (together) angles in a line add up to 180°

And that the sum of the interior angles of a triangle always add up to 180°

—-
For the angle 1:
180-50-40 = angle 1
Angle 1 = 90

Angle 2:
There it says that angle ABC = 120, so if angle 1 = 90
Angle 2 = 30. (120-90)

Angle CTD:
Linear pair of 50
Angle CTD = 130

Angle CDA:
The shape is a parallelogram, so opposite sides are congruent (same measure)
Angle CDA: 120

I hope that this is not confusing for you anymore

Have a good day ^^

Carl is preparing to clean out the gutters on his
house. The gutters are 24 feet from the ground.
The bottom of the ladder and the ground make a
60 degree angle. How far away from the house
should the ladder be placed in order to reach the
gutters?

Answers

Answer:

The gutters are 24 ft above the ground. For safety, the distance a ladder reaches up a wall should be four times the distance from the bottom of the ladder to the base of the side of the house. Therefore, the ladder must be 6 ft from the base of the house.

Which inequality is represented by this graph?

Answers

Answer:

x > 0

Step-by-step explanation:

An open circle means less than or greater than the number it is on.

A closed circle means less than or equal to, or greater than or equal to the number it is on.

This graph has an open circle on zero with the arrow pointing to the right.

so x>0

Use the algebraic tests to check for symmetry with respect to both axes and the origin.
y = x^4 - x^2 + 3

Answers

Axis of Symmetry: This function is not symmetric with respect to the x-axis, y-axis, or the origin.

To check for symmetry with respect to both the x-axis and the y-axis, we need to check whether the function is even or odd. To do this, we can substitute -x for x in the equation and check if the equation remains the same.

y = x^4 - x^2 + 3

y = (-x)^4 - (-x)^2 + 3

y = x^4 - x^2 + 3

Since the equation remains the same, the function is neither even nor odd and therefore is not symmetric with respect to either the x-axis or the y-axis.

To check for symmetry with respect to the origin, we need to check if the equation is symmetric when x and y are both substituted with -x or -y.

y = x^4 - x^2 + 3

y = (-x)^4 - (-x)^2 + 3

y = x^4 - x^2 - 3

Since the equation is not the same, the function is not symmetric with respect to the origin.

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HELP ASAP
14. Chung wants to determine the favorite hobbies.
among the teachers at his school. How could he
generate a representative sample? Why would it
be helpful to generate multiple samples?

Answers

Chung is going to be able to get the representative sample by carrying out a random selection.

It would be helpful to get the multiple samples because it is a way w=of getting the true representation of sample.

Why would it be helpful to generate multiple samples?

Chung could generate a representative sample by randomly selecting a group of teachers from the school population and surveying them about their hobbies.

It would be helpful to generate multiple samples because, with only one sample, there's always a chance that the sample is not truly representative of the population. By generating multiple samples, Chung can compare the results and see if there is a consistent pattern among the samples, which would increase the likelihood that the results are representative of the population.

Additionally, by comparing multiple samples, Chung can also estimate the degree of variability in the population and the sample, this allow him to have more robust conclusions.

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5 A college student is paying for tuition through private loans. Two lenders have approved the student for a $25,000 loan. Offer 1: 5.99% annual simple interest, with a total account balance of $32,487.50 after a 60-month term Offer 2: 3.75% annual interest compounded monthly for a 66-month term Assuming no payments are made, what is the difference in the account balances at the end of the loan terms? Round your answer to the nearest penny. $1,245.00 $1,770.87 $2,964.36 $3,319.94

Answers

The  difference in the account balances at the end of the loan terms is, $1770.87. So option B is correct

What is simple interest?

Simple interest is an amount which is calculated for a certain period of time and for a certain rate, in simple interest calculation there are three factors which we consider: principal amount(P), rate(R) and time(T).

Every time we calculate simple interest the principal values will be the same unlike compound interest.

Formula;    Simple Interest(I) =  P × R × T/100

Given that,

Offer 1-  5.99% annual simple interest, with a total account balance of $32,487.50 after a 60-month term Offer

Offer 2-  3.75% annual interest compounded monthly for a 66-month term

In offer 1,

Total amount A  = $32487.50

In offer 2,

Total amount =

[tex]A = P[ 1 + r/n]^{nt}[/tex]

[tex]A = 25000[ 1 + 0.0375/12]^{12*5.5}[/tex]

A = $30,716.63

Difference = 32487.50 - 30716.63

                  = $1770.87

Hence, the difference in account balance is $1770.87

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