Financial Algebra 1. Unit 1: Simple and Compound Interest Quiz A.. * Question #9
Pricilla receives $35,000 from her Uncle Peter when he dies. She deposits it into an account with investments that are
expected to earn 12% a year, compounded daily. She plans to use the money in 4 years towards the down payment on a
house. How much money should she expect in the account at the end of the 4 years? Round to the nearest cent.
at the end of 4 years.
• Pricilla will expect in the account $
Incorrect!
Points: 0/1

In a test for esp (extrasensory perception), a subject is told that cards only the experimenter can see contain either a star, a circle, a wave, or a square. as the experimenter looks at each of 20 cards in turn, the subject names the shape on the card. a subject who is just guessing has probability 0.25 of guessing correctly on each card. a. the count of correct guesses in 20 cards has a binomial distribution. what are n and p? b. what is the mean number of correct guesses in 20 cards for subjects who are just guessing? c. what is the probability of exactly 5 correct guesses in 20 cards if a subject is just guessing?