1240 at 8% compounded annually for 3 years

1562.05

Step-by-step explanation:

A = P(1 + r/n)^(n*t)

A = 1240(1 + 0.08/1)^(3*1)

A = 1562.04288

A = 1562.05

amount of oatypop that contains the prize = 40%

amount   of oatypop which doesn't contain the prize = (100-40)=60%

probability that hannah will win a prize

    = s +f s +f f s+ff   f s+ff f f s+ infinity.where f= failure,s= success

=   or 60%

probability that hannah only has to buy 3 or less boxes before getting a prize= (s) and ( f s) and (ff s) and (f f f s)

        = = 87.04 %  

step-by-step explanation: