Tim deposits $4,000 into each of two savings accounts. • Account I earns 3% annual simple interest.
• Account II earns 3% interest compounded annually.

Tim does not make any additional deposits or withdrawals. What is the sum of the balances of Account I and Account II at the end of 2 years?

answer choices:
$8,480
$8,480

$8,483.60
$8,483.60

$8,487.20
$8,487.20

$8,240
$8,240

percentage - 25%

probability - 0.25

we know,

total amount of students in class = 20

total boys = 10

total girls = 10

no of girls who wear glasses = 10/2 = 5

probability of choosing a girl with glasses is =

number of girls wearing glasses/total number of students in the class = 5/20

thus, percentage of selecting a girl wearing glasses will be

= 5/20 × 100

= 5 × 5

25%

therefore,

probability will be 0.25

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the answer is 8.64

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