1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ratling [72]
1 year ago
9

find the total amount and total interest after eight months if the interest is compounded every four months

Mathematics
1 answer:
Volgvan1 year ago
6 0

The total amount is $ 6050, and the total interest after 8 months is $1050.

What is interest?

  • Interest is the financial charge for the honor of adopting a plutocrat, generally expressed as a periodic chance rate( APR).
  • Interest is the quantum of plutocrat a lender or fiscal institution receives for advancing out money. However, you do it in order to achieve that result or maintain that situation, If you do commodity in the interests of a particular result or situation.
  • There are basically three(3) main types of interest rates the nominal interest rate, the effective rate, and the real interest rate.
  • The nominal interest of a (one) investment or loan is simply the stated rate on which interest payments are calculated.

Here,

Period per year = 124 = 3

Total amount = amount  (1 + periodic rate)period

          = $6,050

Total interest = Total amount - amount

          = 6050 - 5000

          = $1,050

Thus,

The total amount is $ 6050, and the total interest after 8 months is $1050.

Learn more about interest here:

brainly.com/question/25793394

#SPJ4

You might be interested in
Solve using the quadratic formula. h2 + 8h + 8 = 0 Write your answers as integers, proper or improper fractions in simplest form
Marina86 [1]
A=1 b=8 c=8
h = [-8 +-sq root(64 - 4*1*8)] / 2
h = [-8 +-sq root(32)] / 2
h1 = -4 + <span> <span> <span> 2.8284271247 </span> </span> </span>
h1 = <span> <span> <span> -1.1715728753 </span> </span> </span>
h2 = -4 - <span> <span> 2.8284271247
</span></span>h2 = -<span> 6.8284271247

</span>
3 0
3 years ago
14. How many degrees does the minute hand of the clock go through between 6:47 and 11:18?
kompoz [17]

Answer:

.

Step-by-step explanation:

6 0
3 years ago
What is the slope of the line that passes through the points (5, 2) and (3,-1)?
oksano4ka [1.4K]
Slope = -4/5

to calculate the slope m use the gradient form

m = y2 -y1
————
x2 - x1


let (x1, y1) = (3,1) and (x2, y2) = (-2, 5)


m = 5 - 1 4
———- = ——-
-2 - 3 -5


= - 4/5
3 0
3 years ago
Which of the following are examples of inferential statistics?
Natali [406]
Testing random samples of lightbulbs produced by a company to confirm they work and testing a new drug on a random sample of patients to see how effective it is at curing the flu are examples of inferential statistics. The correct option among all the options that are given in the question are option "C" and option "E".
5 0
3 years ago
Find an equation of the parabola that has the indicated vertex and whose graph passes through the given point
vichka [17]
Equation of a parabola with vertex at (2, -1) is
y = a(x - 2)^2 - 1

Using the given point: -3 = a(4 - 2)^2 - 1
-2 = a(2)^2
4a = -2
a = -1/2

Therefore, required equation is
y = -1/2(x - 2)^2 - 1
y = -1/2(x^2 - 4x + 4) - 1
y = -1/2x^2 + 2x - 2 - 1
y = -1/2x^2 + 2x - 3
3 0
3 years ago
Other questions:
  • Which operation is NOT closed for polynomials?
    15·1 answer
  • <img src="https://tex.z-dn.net/?f=%20%7B6m%7D%5E%7B3%20%7D%20%20n%20%7B%7D%5E%7B3%7D%20%20%5Ctimes%208m%20%7B%7D%5E%7B2%7D%20n%5
    13·1 answer
  • emily is buting gifts for 20 people at work.The boxes for the gifts are 6 inches long,6 inches wide ,and 6 inches high .How much
    10·1 answer
  • Find the midpoint of the segment with the given endpoints.<br> (8,7) and (-6,9)
    6·2 answers
  • A physics class has students. Of​ these, students are physics majors and students are female. Of the physics​ majors, are female
    15·1 answer
  • Witch expression represents the sum of 8 and twice a number?
    8·1 answer
  • In the equation 11 - 4(x +4) = 6x, the first step is to simplify 11 - 4.<br> True<br> False
    15·1 answer
  • These triangles are not drawn to scale. Use the Pythagorean Theorem to determine which triangle is a right triangle. Question 4
    8·2 answers
  • Plz help!!!
    8·2 answers
  • 2. Find the value of x. Give your answer in<br> simplest radical form.<br> 20 <br> 16
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!