Assuming "top two" are ranked first and second:
The coach can choose one out of 25 for the first and 24 for the second.
So there are 25*24=600 ways to choose.
If "top two" simply means the two best, without distinction, then we divide 600 by two to get 300 ways because the choice of the order can be reversed (AB instead of BA).
Amount in compound interest = p(1 + r/t)^nt where p is the initial
deposit, r = rate, t = number of compunding in a period and n = period.
Here,
Amount after 4 years = 500(1 + (2/100)/3)^(4 x 3) = 500(1 +
0.02/3)^12 = 500(1 + 0.0067)^12 = 500(1.0067)^12 = 500(1.083000) =
$541.50
Answer:
They distort differences between values.
Step-by-step explanation:
Non-zero axes distort differences between values, but they are not always misleading.
It depends on who is looking at them.
Consider the bar graphs below, showing the change in interest rates over time.
A naïve reader might conclude that interest rates had risen sharply (the zero-axis shows that they have remained steady).
However, a professional who specializes in interest rates might find the information in the left-hand graph quite useful.