Using it's concept, considering the tree diagram, the probability of event C is given as follows:
P(C) = 0.26.
<h3>What is a probability?</h3>
A probability is given by the <u>number of desired outcomes divided by the number of total outcomes</u>.
Each node at the tree is a multiplication, hence the probability of event C is given as follows:
P(C) = 0.6 x 0.3 + 0.4 x 0.2 = 0.18 + 0.08 = 0.26.
More can be learned about probabilities at brainly.com/question/14398287
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Answer: $11836.8
Step-by-step explanation:
Given. That :
Amount invested = $5000
Interest rate = 9% = 0.09
Period = 10 years, compounded annually
Using the compound interest formula :
A = p(1 + r/n)^nt
A = final amount
P = principal or invested amount
r = rate of interest
n = number of times interest Is applied per period
t = period
A = 5000(1 + 0.09/1)^(1*10)
A = 5000(1.09)^10
A = 5000 * 2.36736367459211723401
A = 11836.81837296058617005
= $11836.8
Employee statement is the correct answer
