You invest $9000 in an account that is compounded monthly at an interest rate of 7.5% for 3 years. a) (2pt) How much will be in the account after 3 years?

b) (1pt) How much interest will be earned?

a) $11,263.02

b) $2,263.02

Step-by-step explanation:

36 months in 3 years

monthly interest is 0.075/12 = 0.00625

V = 9000(1 + 0.00625)³⁶ = 11,263.01521... ≈ $11,263.02

$11,263.02 - 9000 = $2,263.02

24/56=hx^7

step-by-step explanation:

c) the median for town a 30" is greater than the median for town b 25"

step-by-step explanation:

town a, median = q2 = 30

town b, median - q2 = 25

so the median for town a 30" is greater than the median for town b 25"