Answer:
Continuously
Step-by-step explanation:
Compounded continuously:
A = Pe^(rt)
A = 11,000 e^(0.0625 × 10)
A = 20,550.71
Compounded semiannually (twice per year):
A = P(1 + r)^t
A = 11,000 (1 + 0.063/2)^(2×10)
A = 11,000 (1 + 0.0315)^20
A = 20,453.96
Out of the 6 numbers, 3 of them are even: 4, 10, and 14. The probability that he will pick an even number is therefore 3/6 = 1/2 = .5
The answer is 10 because it had
7/8 because 3/4 = 6/8, and 7/8 is bigger than 6/8