Question

22,10,5,7,9 what is the variance and standard deviation

Answer 1

1. If a client puts the equivalent of $55 per month, or $660 per year, into an ordinary annuity, how much money would accumulate in 20 years at 3% compounded annually?

Answer 2

Just plug it in to the equation for variance and take the square root of the variance and get the standard deviation