Answer:
$7,925.53
Step-by-step explanation:
We'll have to use the compound interest formula: A = P(1 + r/n)ⁿˣ
A = final amount (?)
P = starting amount (5700)
r = rate
n = times applied (12 since its monthly and there 12 months in a year)
x = years (12)
A = 5700(1 + 0.0275/12)¹⁴⁴
A = 7925.525498629932
20 % = 20/100 = 1/5
1 red marble out of 5 total marbles
1 red marble and 4 not red marbles
odds in favor means number of favorable outcomes : number of unfavorable outcomes
this basically means red marbles : not red marbles
1: 4
The answer is 1100 centimeters.
