if francesca has $500 in her account after 4 years investing at 2.5% compounded annually, how much money did she start with
1 answer:
You might be interested in
Answer:
The appropriate response is "0.9476".
Step-by-step explanation:
The given values are:
Standard deviation,
Randomly selected railroad-car shipments,
n = 500
As we know,
⇒
On substituting the values, we get
⇒
then,
⇒
⇒
On using the table of P, we get
⇒
⇒