You deposit $300 into a savings account that pays 4% interest compounded annually. How much interest will you earn after 5 years?

Question 4 options:

$65

$60

$360

$365

365

Step-by-step explanation:

300X1.04^5=364.995871

15%

step-by-step explanation:

use the table and count the number of guesses that has two correct answers.

the following are two correct answers

10010, 01100, 11000

a total of 3 numbers having 2 correct guesses out of 20 questions.

probability of getting 2 correct guesses = the number of questions getting 2 correct answers / total number of questions.

= 3/20

to convert it into percent multiply by 100, we get

= 3/20 * 100

= 15%

the answer is 15%

you.