You invest $1,100 in an account that has an annual interest rate of 2.1%, compounded continuously. How much money will be in the
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Answer:
0.3157
Step-by-step explanation:
Given that according to a certain news poll, 71% agreed that it should be the government's responsibility to provide a decent standard of living for the elderly,
Let A be the event that it should be the government's responsibility to provide a decent standard of living for the elderly, and B the event that it would be a good idea to invest part of their Social Security taxes on their own
P(B) = 41%=0.41
A and B are independent
Hence P(both)=
the probability that a person agreed with both propositions
= Probability for both A and B
= P(A) P(B) since A and B are independent
= 0.3157