The tickets in a box are numbered from 1-20 inclusive. If a ticket is chosen at random and replaced, and then a second ticket is
1 answer:
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<h3>Answer: 4745.96 dollars</h3>
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Explanation:
We have this given info
- P = 4000 = principal
- r = 0.057 = annual interest rate in decimal form
- t = 3 = number of years
Use this to plug into the formula below
You'll need your calculator, and the calculator needs the "e" button.
The "e" refers to the special constant 2.718... which is similar to pi = 3.14...