Answer:
they will each receive $1.75
Step-by-step explanation:
5.50*5= 27.50
12.75*5= 63.75
27.50+63.75= 91.25
20*5= 100
100-91.25=8.75
8.75/5= $1.75
hope this helps
It depends on the terms of the account.
If interest is compounded annually, 650*1.06^5 ≈ 869.85 . . . . dollars.
If interest is compounded quarterly, 650*1.015^20 ≈ 875.46 . . dollars.
If interest is compounded monthly, 650*1.005^60 ≈ 876.75 . . .dollars.
Given:
μ = 500 days, the population mean
σ = 60 days, the population standard deviation
Therefore
μ + σ = 560
μ - σ = 440
μ + 2σ = 620
μ - 2σ = 380
μ + 3σ = 680
μ - 3σ = 320
The figure shown below illustrates the normal distribution
About 68% of the total area lies in x = (μ-σ, μ+σ)
About 95% of the total area lies in x = (μ-2σ, μ+2σ)
About 99.7% of the total area lies in x = (μ-3σ, μ+3σ).