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2 years ago

7

Karl deposits $900 in a CD. He will earn 5% compound interest each year for five years. How much interest will Karl earn in 5 yr

s?

1 answer:

Sliva [168]2 years ago

5 0

Answer:

$225 of interest in 5 years.

Step-by-step explanation:

Step 1: 5% x 5 = 25%.

Step 2: 900 ÷ 4 = 225.

Karl will earn $225 of interest in 5 years.

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Answer:

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Step-by-step explanation:

We are given the following formula:

$P(F \cup C) = P(F) + P(C) - P(F \cap C)$

In which:

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We have to find P(F), which is given by:

$P(F) = P(F \cup C) + P(F \cap C) - P(C)$

We are given by:

$P(C) = 0.039, P(F \cap C) = 0.004, P(F \cup C) = 0.548$

So

$P(F) = P(F \cup C) + P(F \cap C) - P(C) = 0.548 + 0.004 - 0.039 = 0.513$

0.513 = 51.3% probability of being a female.

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