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2 years ago

If $300 is invested at a rate of 5% per year and is compounded quarterly how much will the investment be worth in 15 years?

Mathematics

1 answer:

dimulka [17.4K]2 years ago

5 0

Answer:

In 15 years the final balance will be $632.15

Step-by-step explanation:

The final balance would be $632.15 and the total compound interest would be $332.15. If you have trouble with these kind of questions in the future I suggest using a compound interest calculator that can be found online :)

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3 years ago

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3 years ago

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3 years ago

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3 years ago

Convert 5 square root of a into exponential form?

stich3 [128]

Answer:

The answer is: " $5a^\frac{1}{2}$ " .

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Step-by-step explanation:

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We are asked to convert "5 square root of a" ; into "exponential form".

Note that "5 square root of a" ;

or; " 5 root a " ;

means: " 5 times the {square root of the variable, "a" };

or : " 5 multiplied by the {square root of the variable, "a" }.

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This can be written as: " $5\sqrt{a}$ " .

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Note the following property of exponents:

$\sqrt[n]{a^m} = (\sqrt[n]{a})^m = a^m^n$ .

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So; to write: " √a " ; as an exponent :

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Note:

" $\sqrt{a} = \sqrt[2]{a} = \sqrt[2]{a^1} = (\sqrt[2]{a})^1 = a^\frac{1}{2}$ " .

_______________________________________________

So:

" $\sqrt{a} = a^\frac{1}{2}$ " ;

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And:

________________________________________________

" $5\sqrt{a} = 5a^\frac{1}{2}$ " .

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→ The answer is: " $5a^\frac{1}{2}$ " .

________________________________________________

Hope this helps!

Best wishes in your academic endeavors

— and within the "Brainly" community!

________________________________________________

6 0

3 years ago

If $300 is invested at a rate of 5% per year and is compounded quarterly how much will the investment be worth in 15 years?￼

If $300 is invested at a rate of 5% per year and is compounded quarterly how much will the investment be worth in 15 years?