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Andrej [43]
1 year ago
13

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

Mathematics
1 answer:
harkovskaia [24]1 year 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

#SPJ1

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Answer: (1, -16)

Let's do it some other ways.  How about completing the square to turn f in to vertex form?

f(x) = (x+3)(x-5) = x² - 2x - 15 = (x² - 2x + 1) - 1 - 15 = (x-1)² - 16

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The other method is the vertex is x= - b/2a =  - (-2)/2(1) = 1.

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