1). F
2). T
3). F
4). F
5). F
Bet you learned a lot from this answer !
415 thousandths is written out 0.415
The others don’t make any sense so it has to be “A”.
We know the compound interest formula is given by
Now, we have been given that 24,000 is invested for 2 years with an APR of 6% and daily compounding. Thus, we have
On substituting these values in the above formula for the compound interest, we get
Therefore, the balance in the account after 2 years is 27059.7
Step-by-step explanation:
1/ 3 is the probability of getting one head