Kaylee invested $860 in an account paying an interest rate of 6% compounded annually. Gabriel invested $860 in an account paying an interest rate of 62%
compounded continuously. To the nearest dollar, how much money would Kaylee
have in her account when Gabriel's money has tripled in value?

the answer   is 200

step-by-step explanation:

this is a problem about poisson probabilities.   i don't know if you've

already studied poisson distributions, or if you have a place to look

to read more about the subject.  

here's how you can see a poisson distribution coming.   when there are

a lot of events that may happen at any time (or any place), and when

you're counting how many of them happen at a particular time (or a

particular place), and each event is independent of the others, then

the result is a poisson distribution.   this is roughly true for the

chocolate chips; one chip being in a cookie has only a small effect on

the probability that another chip will be in the cookie.

once you know you have a poisson distribution, you know a lot.   there

is only one parameter to a poisson distribution, so if you know the

mean, you know everything.   the form of the distribution is

  probability of n chips = {[e^(-x)]*(x^n)} / (n! )

180

step-by-step explanation:

50.6

step-by-step explanation:

answer: $201

step-by-step explanation: to get the answer, you first get 3 nieces that he sold and multiply it by 67 and get $201, so he earned $201 selling his nieces.