Answer:
a) $3480
b) $4036.8
Step-by-step explanation:
The compound interest formula is given by:

Where A(t) is the amount of money after t years, P is the principal(the initial sum of money), r is the interest rate(as a decimal value), n is the number of times that interest is compounded per year and t is the time in years for which the money is invested or borrowed.
Suppose that $3000 is placed in an account that pays 16% interest compounded each year.
This means, respectively, that 
So



(a) Find the amount in the account at the end of 1 year.
This is A(1).


(b) Find the amount in the account at the end of 2 years.
This is A(2).

Answer:
2 is a number and "twice a number" means multiply by 2.
Answer:
Not independent
Explanation:
Two events are not independent/dependent if the result of one event affects the outcome of the other. In the case above, numbers are picked without replacement, therefore if one slip is picked then the other slip will be picked(slips are picked only once not twice or more as in independent events). Events would be independent if there was a replacement.
Answer:

Step-by-step explanation:

Answer:
70 is the answer.
Step-by-step explanation:
180+240= 420
420 divided by 6 is 70