The third one is 510 not show in the pic here
We may have this planned like this:
two years is 8 quarters
<span>Assuming simple interest, </span>
You will use the formula
<span>A = P(1+rt) </span>
<span>= 400(1+8*.03) </span>
<span>= 496
</span>I think this is the answer:) Hope it helps a lot
Answer:
169
Step-by-step explanation:
You need to use a Z-table for this.
There are different tables, in this table i searched for the probability of 97% because that equivalent to the top 3%.
for 0.97, Z = 1.88
The formula of Z is:

Solving x:
