3 years ago

Suppose a normal distribution has a mean of 98 and a standard deviation of

Mathematics

1 answer:

Rufina [12.5K]3 years ago

7 0

The answer is A
Explanation

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At the beginning of every year, Molly deposits $200 in a savings account that offers an interest rate of 20%, compounded annuall

Lena [83]

Hi, thank you for posting your question here at Brainly. To solve this problem, use this formula: F = P(1+i)^n, where F is the future worth, P is the present worth, i is the annual interest and n is the number of years. Substituting the values,

F = $200 (1+0.2)^3
F = $345.6

The answer is $345.6.

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3 years ago

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tangare [24]

The value of x is 25.

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4 years ago

Grace invested $5,200 in an account paying an interest rate of 4.6% compounded daily. Assuming no deposits or withdrawals are ma

nlexa [21]

Answer:

Step-by-step explanation:

Use this formula for when compounding is either not continuous or is not annually:

$A(t)=P(1+\frac{r}{n})^{(n)(t)}$ where P is the initial investment, r is the interest rate in decimal form, n is the number of times the compounding occurs per year, and t is the time in years. For us: