You deposit $1000 each year into an account earning 4% interest compounded annually. How much will you have in the account in 35 years?

Q: You deposit $5000 each year into an account earning 7% annual interest compounded annually. How much…

A: Use formula to calculate

Q: As the contestant with the longest winning streak in the history of Jeopardy, Ken Jennings won more…

A:

Q: you deposit $5,000 in a fund that pays 6% interest, compounded monthly. In how many years, the…

A: Given that initial amount = P=5000 Final amount= A= 15000 Interest rate = r = 6%=0.06 Time=t=?…

Q: Tommy has $4,000 in a savings account that earns 13% interest, compounded annually. To the nearest…

A:

Q: you deposit $5000 in an account earning 3% interest compounded monthly. how much will you have in…

A: We have given,

Q: Find the final amount of money in an account if $3,700  is deposited at 7%  interest compounded…

A:

Q: Ken is paying P2,500 every 3 months for the amount he borrowed at an interest rate of 8% compounded…

A: Given information Paying every 3 months P=2,500 Interest rate r=8% compounded quarterly For…

Q: You deposit $4000 in an account earning 4% interest compounded monthly. How much will you have in…

A:

Q: To save for retirement, Karla Harby put $325 each month into an ordinary annuity for 16 years.…

A: Given that, To save for retirement, Karla Harby put $325 each month into an ordinary annuity for 16…

Q: You deposit $500 in an account earning 4% interest compounded annually. How much will you have in…

A: The continuous compounding formula is, Pt=P0ert In the formula, P0 is original principle sum, r be…

Q: You deposit $8400 into an account earning 6% interest compounded quarterly. How much interest will…

A:

Q: You deposit $175 in an account that pays 4% interest compounded quarterly. How much will you have in…

A: The formula for the compound interest is given by A=P1+rnnt, where A is the final amount, P is the…

Q: Dylan takes out a bank loan of $11,500 at 3.8% interest compounded annually. How much interest, in…

A: Given data is : Loan P=$11500 Interest rate r=3.8%, compounded annually. Time t=3 years To find the…

Q: You deposit $1,000 in an account at the Lifelong Trust Savings and Loan that pays 7% interest…

A:

Q: You deposit $2000 in an account earning 2% interest compounded monthly. How much will you have in…

A: given, principal (P)=$2000           interest  rate (R)=2%= 2/100 =0.02     (for compounded monthly…

Q: How much should Alexandra's dad invest into a savings account today, to be able to pay for…

A:

Q: At age twenty six , Dick shoemaker desposited 2,000 into an IRA , where it earns 3% compounded…

A:

Q: You put $8,000 into an account that earns 4% interest compounded annually. How much money will be in…

A: We have to apply the compound interest formula for the given problem.

Q: Find the final amount of money in an account if $6,600 is deposited at 6% interest compounded…

A: Given: An amount of $6,600 is deposited at 6% interest compounded annually and the money is left for…

Q: If you want to have a million dollars 31 years from today, how much should you invest in your…

A: The formula for compound interest :   A = P(1+r/n )nt   Where A = Total amount , P = initial…

Q: You take out a $12,000 car loan that has a 3.5% annual simple interest rate. How much money will be…

A:

Q: You deposit $1,000 in an account at the Lifelong Trust Savings and Loan that pays 2% interest…

A:

Q: You deposit $400 in an account earning 7% interest compounded annually. How much will you have in…

A: Given  Principal P=400 Rate of interest r=7% year t=10 number of compounded n=1 we know that…

Q: John deposits $2,000 into a CD that guarantees a 5.8% annual interest rate, compounded yearly. How…

A: Initial deposite= P= 2000 Final amount=A=? Time=t= 4 years  Interest rate = 5.8%=0.058  Number of…

Q: If you invest $7,000 in an account paying 3% interest compounded quarterly: how much will be in the…

A:

Q: You deposit $3000 each year into an account earning 4% interest compounded annually. How much will…

A:

Q: You deposit $4000 each year into an account earning 6% interest

A:

Q: You deposit $4000 each year into an account earning 7% interest compounded annually. How much will…

A:

Q: A recent college graduate received $25,000 as a gift from her grandparents. How much will this…

A:

Q: You deposit $4000 in an account earning 6% interest compounded monthly. How much will you have in…

A: Compound interest formula is A=P1+rnnt A = final amountP = initial principal balancer = interest…

Q: You deposit $1,000 in an account at the Lifelong Trust Savings and Loan that pays 4% interest…

A:

Q: You deposit $1,000.00 each year into an account earning 5% interest compounded annually. How much…

A:

Q: Russell invested 50,000 pesos in a bank that pays 8% compounded quarterly for 5 years. How much is…

A: We used the formula A=P(1+r/n)^(nt)

Q: You deposit $4000 in an account earning 8% interest compounded monthly. How much will you have in…

A:

Q: You deposit $600 in an account earning 7% interest compounded annually. How much will you have in…

A: Initial amount=P= 600 Interest rate= r= 7%=0.07  Time=t= 20 years Number of times compounded in a…

Q: Riley invested $1,000 in savings bonds. If the bonds earn 6.75% interest compounded annually, how…

A: Compound interest

Q: You deposit $500 each month into an account earning 3% interest compounded monthly. How much will…

A:

Q: You deposit $1,000 in an account at the Lifelong Trust Savings and Loan that pays 8% interest…

A:

Q: You deposit $3000 in an account earning 6% interest compounded monthly. How much will you have in…

A: Given  Principal = $3000 rate = 6% compounded monthly  time = 5 years

Q: Inga Moffitt invests a bonus of $9000 at 6% annual interest compounded semiannually for4 years. How…

A: P=$9000,  r=6%=0.06,  t=4  &  n=2 Now total amount earned is,…

Q: You deposit $3000 in an account earnings 3% interest compounded monthly. How much will you have in…

A:

Q: You deposit $6000 in an account earning 7% interest compounded monthly. How much will you have in…

A:

Q: You deposit $1000 each year into an account earning 3% interest compounded annually. How much will…

A: Given, every year $1000 is deposited with 3% compound interest annually. here we shall use the…

Q: Kim borrowed $9,000 at  2  3/8% interest compounded daily.  How much will she have to pay back…

A:

Q: Snape made a deposit of $495 into an account that pays 3% interest compounded annually. How much…

A:

Q: You deposit $300 in an account earning 5% interest compounded annually. How much will you have in…

A: Here,  P= 300$ i = 5% = 0.05 n= 20 years

Q: As the contestant with the longest winning streak in the history of Jeopardy, Ken Jennings won more…

A: Formula used to solve the given problem is given below: An=P×1-1+r-nr Where; P= periodic payment…

Q: Karen borrowed $2000. How much will she pay back in 1 year if she is charged 2% a year, compounded…

A: Principal money=$2000=P time(t)=1year rate of interest(r)=2% to find amount=? when compounded…

Q: You deposit $1,000 in an account at the Lifelong Trust Savings and Loan that pays 4% interest…

A:

Q: You deposit $3000 each year into an account earning 2% interest compounded annually. How much will…

A:

Contingency Table

A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.

Binomial Distribution

Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.