In a paired-difference experiment, two samples of size n are being used. The number of degrees of freedom associated with the paired-difference test is n - 1.
Leslie Yu wants to deposit an equal amount each month into an account that will pay 6% compounded monthly. If Leslie wants to end up with a future value of $10,000 after 22 months, how much should she deposit each month? Use Tables 23-1A and 23-1B or a calculator.