Answer:
$755.80
Step-by-step explanation:
Determine the compound amount first and then subtract the principal from it, to find the amount of interest.
The compound amount formula is A = P (1 + r/n)^(nt), where
P is the initial principal, r is the interest rate as a decimal fraction, n is the number of compounding periods per year, and t is the number of years. Here, P = $2179; t = 5 yrs; r = 0.06; and n = 4 (quarterly compounding).
We get:
A = $2179(1 + 0.06/4)^(4*5), or $2179(1.015)^20, or $2179(1.347) = $2937.80.
The compound amount is $2934.80. Subtracting the $2179 principal results in the interest earned: $755.80.
Answer:
A
Step-by-step explanation:
The other situations do not represent a 60% probability.
B is a situation in which 40% of people prefer aisle seats.
C is a situation in which 33% of people prefer aisle seats
D is a situation in which 66% of people prefer aisle seats.
The Answer is 3 + 4 = 8 - 1
