-UIVIT UUNNU INTEREST
tartedApr 1 at 12:55pm
Quiz Instructions
Question 4
2 pts
Dominic invested $4,000 into an account that earns 3% interest
compounded quarterly. How much money will be in the account after 20
years?

Step-by-step explanation:

Principal, P = $4,000

Interest rate, r = 3% = 0.03

Period, t = 20 years

Number of times compounded in a year = 4

Amount , A = P( 1 + r/n)^tn

A = 4000( 1 + 0.03/4)^4*20

A = 4000( 1 + 0.0075) ^80

A =4000( 1.0075) ^80

A = 4000* 1.818

A = $7272.18

answer: expected value of x = 1.0

step-by-step explanation:

p(x=0) = 0.25

p(x=1) = 0.50

p(x=2) = 0.25

expected value for x = 0×0.25 + 1×0.5 + 2×0.25 = 1.0

can someone answer this question plz

step-by-step explanation: