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If I put $300 in an account that earns 5.5% compounded yearly, how much will there be in the account at the end of 21 years
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Answer:
Step-by-step explanation:
I ain't sure but it might help you out:D
To find the expected value of the distribution, we multiply each outcome by it's probability. Doing this, we get that the expected value of defects on a skateboard is of .
Outcomes and probabilities:
0 defects, 9/10 probability
1 defect, 1/20 probability
2 defects, 1/25 probability
3 defects, 1/100 probability.
Expected value:
Dividing both numerator and denominator by 4:
Thus, the expected value of defects on a skateboard is of .
A similar problem is given at: brainly.com/question/23156292.