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.
Hope this helps! Any questions please just ask!! Thank you so much!!
Answer:
C = 106.76 cm
Step-by-step explanation:
In the diagram, we are given the diameter (d), which is 34 cm. Using the formula you are given, we know circumference is 3.14 × d
C = 3.14 × d
C = 3.14 × (34)
C = 106.76 cm
The circumference is around 106.76 cm
Y ~ Po (λ)
P(Y < 2) = P(Y ≤ 1) = 0.04
Plug into the pdf for Po(λ), and solve for λ
After that, use your answer to find P(Y > 5)