Hello! Annually means once a year so if it is compounded annually then it is compounded only once per year, meaning interest is added to principal only 1 time per year.
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the answer is i belive 462/3600 because the total amount of times a ribbon has been pulled is 60 and the total amount of times a coin was flipped was 60 times as well so you would do 21/60 times 22/60 which 462/3600Step-by-step explanation: