What is the ending amount for a deposit of $2,000 in an account with a 1.34% interest rate, compounding semiannually, in 10 years?

$2,285.76

Step-by-step explanation:

YearYear InterestTotal InterestBalance

1$26.89$26.89$2,026.89

2$27.25$54.14$2,054.14

3$27.62$81.76$2,081.76

4$27.99$109.75$2,109.75

5$28.37$138.11$2,138.11

6$28.75$166.86$2,166.86

7$29.13$195.99$2,195.99

8$29.52$225.52$2,225.52

9$29.92$255.44$2,255.44

10$30.32$285.76$2,285.76

Base amount: $2,000.00

Interest Rate: 1.34% (yearly)

Effective Annual Rate: 1.34%

Calculation period: 10 years

hello,

b) 62.47% of the students are between 14 and 18 years old.

step-by-step explanation:

mean = 15 and standard deviation = 2

student between 14 to 18

formula used z-score

for age 14 , z score

using z-table , p(z> -0.5)=0.3085

for age 18 , z score

using z-table , p(z< 1.5)=0.9332

p(-0.5< z< 1.5)=0.9332-0.3085 = 0.6247

thus, 62.47% of the students are between 14 and 18 years old.

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