Given Information:
Principle amount = P = $6,000
Interest rate = r = 4% = 0.04
Period in years = t = 5
Required Information:
How much interest will he earn in 5 years = ?
Answer:
Amount of interest = $1,299.92
Step-by-step explanation:
Using the formula given in the question,

Where B is the final amount, P is the initial amount, r is the interest rate and t is the number of years

The amount of interest earned is

Therefore, Quincy has earned $1,299.92 in terms of interest by investing $6,000 in a savings account at the rate of 4% annual interest for a period of 5 years.
The answer to this question is b
Answer:
To calculate the mean we need x and f both
since there is always a decimal at the end of every value so :
= 262144.0
you move the decimal backwards if there is no decimal between the value. you place the decimal after the 1st digit, you will also count the digits you have passed :
= 2.62144 X 10^5
you passed 5 values so you put 5 in exponent form.