First let us convert 0.01 into fraction:

Now we convert 100 and 4 into perfect squares as follows:

Now we use the property of :


Answer:
Answer 1: <u>$6,289</u>
Answer 2: <u>$198</u>
Step-by-step explanation:
1-
a(10)=10,000(1+.05)^10
=16,288.95 =16,288-10,000=<u>$6,289</u>
2-
A(t)=pe^rt=a(10)=10,000e^(.05)(10)=16,487-10,000=6487
6487-6289=<u>$198</u>
To find the probability of two independent events, multiply the probability of the first event by the probability of the second event
Answer:
determining your current financial situation.
Step-by-step explanation: