Answer:
$8,240
Step-by-step explanation:
We are given that,
Principle amount in the savings account, P = $5,000.
Rate of interest, r = 5% = 0.05
Time period, t = 10
Also, the interest is compounded monthly, n = 12
As, we now that the value of the investment is given by 
Thus, we have,
Investment Value = 
i.e. Investment Value = 
i.e. Investment Value = 
i.e. Investment Value = 
i.e. Investment Value = $8,240
Hence, the investment amount after 10 years is $8,240.
To find the total probability, we first need to solve for the probability of the individual events.
Event 1:
P(consonant)=7/11
We know this to be true because out of the 11 total possibilities for the event, 7 of them are consonants.
R E P L A C E M E N T
Event 2
P(e)=3/10
We know this to be true because out of the 10 total possibilities for the event (since we didn't replace the first card we withdrew), 3 of them are the letter 'e'.
R E P L A C E M E N T (-1 to account for the first card we withdrew)
The possibility of both events...
P(consonant then 'e')=7/11*3/10=21/110
Answer: P=21/110
Answer:
A
Step-by-step explanation:
Hope it helps!