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2 answers:
The value of the investment of $2500 for 3 years will be $3703.86.
<h3>What is compound interest?</h3>
Compound interest is applicable when there will be a change in principle amount after the given time period.
For instance, if you give someone $500 at a 10% yearly rate, $500 is considered your primary sum. After a year, the interest will be $50, making the principle amount $550. Moving forward, the interest will be $550 rather than $500.
Given,
Principle amount (P) = $2500
Rate of interest (R) = 14%.
Time period (T) = 3 years.
Compound interest formula
A = P
So,
A = 2500[1 + 14/100]³
A = $3703.86
Hence the investment of $2500 at a rate of 14% for 3 years will be $3703.86.
For more information about compound interest
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Answer:
After 4s
Step-by-step explanation:
Given the ball is initially projected upwards with a velocity of 64ft per sec and we are required to find the time at which it reaches the ground .There are many approaches to solve this problem we will follow this one:
It is also known as the time of flight for the ball which can be found by doubling the time taken for the ball to reach to its maximum height or the point where velocity is zero.
Now
For the time taken to reach the max height .
Which implies that -32t+v=0.
∴Time taken to travel halfway through the path =2sec.
∴total time =