Anne deposited $500 in an account that earns 6% simple annual interest. Shelly deposited $500 in an account that earns 6% annual
interest compounded annually. They leave the money in the account for 4 years. What is the difference between the two accounts?
1 answer:
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Answer:
1 /8
Step-by-step explanation:
Given that :
Number of sections on spinner = (1,2,3,4,5,6,7,8) = 8
Number of 5's = 1
Recall :
Probability of event A = number required outcome / Total possible outcomes
P(5) = 1/8
