Answer:
a) $3480
b) $4036.8
Step-by-step explanation:
The compound interest formula is given by:

Where A(t) is the amount of money after t years, P is the principal(the initial sum of money), r is the interest rate(as a decimal value), n is the number of times that interest is compounded per year and t is the time in years for which the money is invested or borrowed.
Suppose that $3000 is placed in an account that pays 16% interest compounded each year.
This means, respectively, that 
So



(a) Find the amount in the account at the end of 1 year.
This is A(1).


(b) Find the amount in the account at the end of 2 years.
This is A(2).

Answer:
7.64% probability that they spend less than $160 on back-to-college electronics
Step-by-step explanation:
Problems of normally distributed samples can be solved using the z-score formula.
In a set with mean
and standard deviation
, the zscore of a measure X is given by:

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.
In this problem, we have that:

Probability that they spend less than $160 on back-to-college electronics
This is the pvalue of Z when X = 160. So



has a pvalue of 0.0763
7.64% probability that they spend less than $160 on back-to-college electronics
Answer:
1. CHECK
2. CHECK
Step-by-step explanation:
i hole it helps
Answer:
Hello there!
Since he had 6 candies and lost two, all you have to do is subtract 2 from 6.
Therefore, Jerry only has 4 candies.
Hope this helps!!!
Step-by-step explanation:
Answer: $24.47
Step-by-step explanation: I don’t understand the kilometers.