At the beginning of year 1, Amanda invests $800 at an annual compound interest rate of 5%. She makes no deposits or withdrawals
from the account.
Which explicit formula can be used to find the account's balance at the beginning of year 5? What is the balance?
Which explicit formula can be used to find the account's balance at the beginning of year 5? What is the balance?
1 answer:
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1748 people are expected to stop at the gift shop out of 2300.
Step-by-step explanation:
Given,
Number of random sampled people = 350
Number of people who stopped at shop = 266
Percentage =
Percentage =
Therefore,
76% people would stop at the gift stop.
Number of people = 2300
Expected number = 76% of total
Expected number =
Expected number = 1748
1748 people are expected to stop at the gift shop out of 2300.