What is the ending amount for a deposit of $2,000 in an account with a 1.34% interest rate, compounding semiannually, in 10 years?

$2,285.76

Step-by-step explanation:

YearYear InterestTotal InterestBalance

1$26.89$26.89$2,026.89

2$27.25$54.14$2,054.14

3$27.62$81.76$2,081.76

4$27.99$109.75$2,109.75

5$28.37$138.11$2,138.11

6$28.75$166.86$2,166.86

7$29.13$195.99$2,195.99

8$29.52$225.52$2,225.52

9$29.92$255.44$2,255.44

10$30.32$285.76$2,285.76

Base amount: $2,000.00

Interest Rate: 1.34% (yearly)

Effective Annual Rate: 1.34%

Calculation period: 10 years

amount of oatypop that contains the prize = 40%

amount   of oatypop which doesn't contain the prize = (100-40)=60%

probability that hannah will win a prize

    = s +f s +f f s+ff   f s+ff f f s+ infinity.where f= failure,s= success

=   or 60%

probability that hannah only has to buy 3 or less boxes before getting a prize= (s) and ( f s) and (ff s) and (f f f s)

        = = 87.04 %  

step-by-step explanation: