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Sergio039 [100]
3 years ago
6

suppose you win a contest at the start of 9th grade that deposited $3000 in an account that pays 5% annual interest compound con

tinously. about how much will be in the account after you graduate from college in 8 years?
Mathematics
1 answer:
tiny-mole [99]3 years ago
5 0
A=pe^rt
A=3,000×e^(0.05×8)
A=4,475.47
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<em>Additional comment</em>

We leave out pairs with letters previous, because you've said KL is the same as LK, and KL has already been listed. The problem with this list is that it misstates the probabilities of randomly obtaining a given pair. It is not 1/15, but is 2/25 for all but letter duplicates. For duplicates (KK), the probability is 1/25, not 1/15.

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