Suppose $2000 is deposited in an account that pays 4% per year compounded semi-annually. Find (a) the compound amount at the end of 6 years. (b) the total interest
earned during the 6 years period. (Round the answer upto tenths place.)

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Step-by-step explanation:

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final answer is : )

answer: expected value of x = 1.0

step-by-step explanation:

p(x=0) = 0.25

p(x=1) = 0.50

p(x=2) = 0.25

expected value for x = 0×0.25 + 1×0.5 + 2×0.25 = 1.0