The formula for this type of interest is $A=P(1+\frac{r}{n})^{nt}$ , where A is the total amount, P is the initial investment, x is the interest rate, n is the amount of times that the investment is compounded a year, and t is the amount of years. Plugging in the numbers given, you get:

$A=1800(1+\frac{0.025}{2})^{2\cdot 12}=$

$1800(1.0125)^{24}\approx 2425.23$

Now, she invests this into a new account, and you can set up the following equation:

$A=2425.23(1+\frac{0.04}{12})^{12\cdot 7}=$

$2425.23(1.0033333)^{84}\approx 3207.40$ , or option A.

Hope this helps!

3 0

3 years ago

Blake Scott leaves 1/4 of his estate to the boy scouts, 2/5 to the local cancer fund, and the rest to his church. What fractiona

Andrews [41]

Answer: 7/20

Step-by-step explanation:

4 0

3 years ago

The value of x and the value of y

egoroff_w [7]

Answer:

x= 60 y=50

Step-by-step explanation:

First to find x, all the degrees in a triangle add up to 180 degrees. So 50+70+x=180 which is also 120+x=180 which means x=60. Y is the exterior angle of x and a missing angle. Let's substitute the missing angle with the variable z. 60+50+z=180 which is 110+z=180 which means z is 70. So 180-x+z=y. 180-60+70=y which means y is equal to 50. Hope this helps!

7 0

2 years ago

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