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Andrej [43]
2 years ago
13

If $5000 is invested at a rate of 3% interest

Mathematics
1 answer:
harkovskaia [24]2 years ago
7 0

The value of the investment in 5 years is $5805.9

<h3>What is Interest ?</h3>

Interest is the amount earned over years for the amount invested.

It is given that

Principal = $5000

Rate = 3%

Compounded Quarterly

Time = 5 years

Amount = ?

The Amount is given by the formula

Amount = P( 1 + (r/n))ⁿˣ

Here n = t = time period for which the investment has been done.

Amount = 5000( 1+(3/4 * 100)⁴ˣ⁵

Amount = 5000 (1.16)

Amount = $ 5805.9

Therefore , The value of the investment in 5 years is $5805.9

To know more about Interest

brainly.com/question/13324776

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Step-by-step explanation:

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3 years ago
According to the Substitution Property of Equality: If y = -5 and 7x + y = 11, then _______ . Question 9 options: 7(-5) + y = 11
ycow [4]

Answer:

7x - 5 = 11

Step-by-step explanation:

To solve for x, substitute y = -5 into the equation 7x + y = 11.

This becomes 7x + (-5) = 11 or 7x - 5 = 11.

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3 years ago
Annabella time for a race was 24.2 seconds. Another runnee's time was 6.43 seconds faster write and evaluate an equation with to
liberstina [14]

Answer:

Step-by-step explanation:

Given Annabella time for a race is 24.2 seconds, if another runnee's time was 6.43 seconds faster, then the time taken for another  runnee's time will be 24.2 - 6.43 = 17.77secs.

Let a variable X be the difference between annabelle's time and the other runners time.

X = annabelle's time  - other runners time.

X = 24.2 - (24.2 - 6.43)

X = 24.2-24.2+6.43

X = 6.43seconds

Hence the expression between annabelle's time and the other runners time is X = 24.2 - (24.2 - 6.43)

<em>The difference between annabelle's time and the other runners time is 6.43seconds</em>

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4 years ago
I neeed help , can somebody please tell the answer . ?
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3 years ago
find the mean, median, and interquartile range for the data set below. 5,8,9,11,13,15,16,17,17,18,22,23
Alekssandra [29.7K]

Answer:

Mean: 14.5

Median: 15.5

IQR = 7.5

Step-by-step explanation:

For mean:

Mean=  (∑x)/n

=(5+8+9+11+13+15+16+17+17+18+22+23)/12

=  174/12

=14.5

Median:

As the data is already sorted and the number of items are odd, average of two middle values will be the median of the data.

5,8,9,11,13,15,16,17,17,18,22,23

Median=(15+16)/2

=31/2

=15.5

IQR:

For IQR, the data has to be divided in two parts, lower and upper, then we have to find the median of both parts separately. The difference of medians of both parts is called the Interquartile range.

So for lower part,

5,8,9,11,13,15

Median for lower part=  (9+11)/2

=  20/2

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For upper part:

16,17,17,18,22,23

Median for lower part=  (17+18)/2

=  35/2

=17.5

IQR=17.5-10

=7.5

8 0
3 years ago
Read 2 more answers
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