Answer:
t = 5?
Step-by-step explanation:
Answer:
P(X<1) = .216 P(X</=1) = .648
Step-by-step explanation:
its right
Well it depends on what the model is but if it's an IRA or whatever so if you make your own model that's easy
The balance after one year is $5200
Step-by-step explanation:
The formula to apply here is

where
A=Amount of money at the end of the period=?
P=the amount of money invested= $5000
r=rate of interest=4%=0.04
n=number of compounding per year=1
t=time in years=1
Applying the formula

A=$5200
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Compound Interest: brainly.com/question/12148233
Keywords : interest, compounded annually
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