You put $200 in a savings account. The account earns 2% simple interest

Mathematics

1 answer:

Black_prince [1.1K]2 years ago

6 0

Answer:

interest total after 5 years is $20.82

Step-by-step explanation:

You might be interested in

What is the probability of drawing an even numbered card, keeping it, and then drawing another even numbered card from a stack o

Oksanka [162]

Answer: 1/4

Step-by-step explanation:

In a stack of 24, the 2 mediums are odd and even cards in this question. This means that 1/2 the cards are even and 1/2 are odd. To get a even card once is a 1/2 chance, then to get it again is 1/2 x 1/2 chance or 1/4 chance. This is what I think.

5 0

2 years ago

Suppose the selling price of homes is skewed right with a mean of 350,000 and a standard deviation of 160000 If we record the se

lys-0071 [83]

Answer:

The distribution will be approximately normal, with mean 350,000 and standard deviation 25,298.

Step-by-step explanation:

The Central Limit Theorem estabilishes that, for a normally distributed random variable X, with mean $\mu$ and standard deviation $\sigma$ , the sampling distribution of the sample means with size n can be approximated to a normal distribution with mean $\mu$ and standard deviation $s = \frac{\sigma}{\sqrt{n}}$ .