Beginning in January, a person plans to deposit $1 at the end of each month into an account earning 15% compounded monthly. Each year taxes must be paid on the
interest earned during that year. Find the interest earned during each year for the first 3
years.

Unaware that 35% of the 10000 voters in his constituency support him, a politician decides to estimate his political strength. a sample of 200 voters shows that 40% support him. a. what is the population? b. what is the parameter of interest? state its value c. what is the statistics of the interest? state its value d. compare your answers in (b) and (c) is it surprising they are different? if the politician were to sample another 200 voters, which of the two numbers would most likely change? explain