Lee put $10,000 into a stock market index mutual fund that grew at an average of 7% per year for 10 years. About how much is in Lee's mutual fund account after 10 years? Ignore compounding.

Atextile fiber manufacturer is investigating a new drapery yarn, which the company claims has a mean thread elongation of 12 kilograms with a standard deviation of 0.5 kilograms. the company wishes to test the hypothesis upper h subscript 0 baseline colon mu equals 12 against upper h subscript 1 baseline colon mu less-than 12 using a random sample of n equals 4 specimens. calculate the p-value if the observed statistic is x overbar equals 11.8. round your final answer to five decimal places (e. g. 98.76543).