Sophia has $6,000 to invest. She is considering two investment options. Option A pays 2.2% simple interest.
Option B pays 2% interest compounded annually.

Use the drop-down menus below to choose which option is the best choice for Sophia for each number of years.

In a test for esp (extrasensory perception), a subject is told that cards only the experimenter can see contain either a star, a circle, a wave, or a square. as the experimenter looks at each of 20 cards in turn, the subject names the shape on the card. a subject who is just guessing has probability 0.25 of guessing correctly on each card. a. the count of correct guesses in 20 cards has a binomial distribution. what are n and p? b. what is the mean number of correct guesses in 20 cards for subjects who are just guessing? c. what is the probability of exactly 5 correct guesses in 20 cards if a subject is just guessing?