Answer:
23%
Step-by-step explanation:
If in any year there is a 12% chance that a mutual fund will outperform the market, that is in a mutually exclusive situation where the previous years performance is not considered. In this situation where trying to calculate the probability of a mutual fund outperforming the market 2 years in a row, the answer will be 23% as according to the calculations done by the financial analyst where the probability is calculated in a situation dependent on the previous years performance.
Answer:
linear
Step-by-step explanation:
Sry if i’m wrong but i’m pretty sure he can spend $200 since you alr take out 30.
M= 4
Hope that helps have a great day!