The answers once compounded equals $65068.44. Hope this helps:)
The value of z-score for a score that is three standard deviations above the mean is 3.
In this question,
A z-score measures exactly how many standard deviations a data point is above or below the mean. It allows us to calculate the probability of a score occurring within our normal distribution and enables us to compare two scores that are from different normal distributions.
Let x be the score
let μ be the mean and
let σ be the standard deviations
Now, x = μ + 3σ
The formula of z-score is
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Hence we can conclude that the value of z-score for a score that is three standard deviations above the mean is 3.
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Given:
3n + 5
n = 1 ; 3(1) + 5 = 3 + 5 = 8
n = 2 ; 3(2) + 5 = 6 + 5 = 11
n = 3 ; 3(3) + 5 = 9 + 5 = 14
n = 4 ; 3(4) + 5 = 12 + 5 = 17
The first four terms of the sequence are: 8, 11, 14, 17. Second option.