Rebecca has $30 in a savings account that earns 10% interest per year. The interest is not compounded. How much interest will she earn in 2

Q: Rodney invested some money in a certificate of deposit (CD) that paid interest at a rate of 9% per…

A:

Q: Carl placed $3,200 in a savings account that compounds interest annually at a rate of 1.0%. How much…

A:

Q: $10,000 is deposited for 2 years in an account that earns 5% interest.  calculate the simple…

A:

Q: Jill invests $3,000 into a savings account. In five years, she hopes to generate $500 interest.…

A:

Q: Anaya invested $1300 into a savings plan with an interest rate of 4.5%. How much will she earn in…

A: Given,  principal amount (P) = $1300 interest rate (R) = 4.5%  Time (T) = 8 years

Q: Judah is going to deposit $5000.00 in and account that earns 4% interest for 20 years. How much more…

A:

Q: A bank features a savings account that has an annual percentage rate of 5.4 % with interest…

A: P = $ 5500 APR = 0.054

Q: Henry wants to save for a vacation. He invests $2500 for 3 years at 5.7% interest per year, simple…

A: Given:  Hanry wants to save for a vacation. He invests $2500 for 3 years at 5.7% interest per year,…

Q: Blanca deposited $40,000 in an investment account.  After 30 years, the value of her account had…

A: Solution

Q: Zoey has $65,000 in a college savings account which earns 5% annual interest. Zoey plans on taking…

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Q: Matthew deposits $818 in the bank. He is told that his account will earn 4% interest compounded…

A: Matthew deposits $818 in the bank. He is told that his account will earn 4% interest compounded…

Q: Find the original investment in an account if the final amount of money is $8296. It was invested in…

A: Given amount=$8296

Q: Andrea wants to start a savings account. She has $3000 she can deposit now and plans to add $75 each…

A: Given a scenario wherein "Andrea wants to start a savings account. She has she can deposit now and…

Q: if $1200 is invested at 6% simple interest for 5 years, find the amount of interest earned.

A:

Q: Gilly Bates invested $45000 in a 6% annual interest account.  How many years, to the nearest…

A: See the answer below

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.