You construct a budget to determine how much money you will need to start your own catering business. you take your savings of $15000 and hope to invest this money for 5 years. you have two investment opportunities for your money you can either invest it into an account that pays you simple interest at 5% or you can choose an account that pays 3.9% compounded monthly.

Compound interest is the best.

Step-by-step explanation:

Simple interest is that which is not added to the initial capital once the term of the investment or credit has expired.

Compound interest is that which is added to the initial capital at the end of the investment or credit.

Simple interest:

I= C x i x t

15,000 * 0.05 * 5 = $ 750

Compound interest:

Cf= Ci (1+i)ᵗ

Cf = 15,000 * (1.039)^5 = $ 18,162.22

So, if Cf - Ci = I -> 3,162.22 is the compound interest.

a) one student is chosen from classroom a, then a student is chosen from classroom b.  

step-by-step explanation:

independent events are ones in which the probability of one event does not affect the probability of the second event.

one student is chosen from classroom a; this does not affect the chances of choosing a student from classroom b.   this makes these independent events.

when one card is chosen from a standard deck and then set aside before a second card is chosen, the probability of the second card being chosen changes.   this makes them dependent events.

when one student is chosen from classroom a and then a second student is chosen from classroom a, the probability of choosing the second student changes.   this makes them dependent events.

when a letter is chosen from the alphabet and then a second letter is chosen, the probability of choosing the second letter changes.   this makes them dependent events.

what are ur choices?