You invest $5,000 in a savings account paying 4% interest compounded quarterly. How much is in the account after 5 years if ther
e are no withdrawals and no additions to the account?
2 answers:
A=P(1+R)TIME
5000(1+0.04)^5
= 6083.264512
NOTE THE 5 IS WRITTEN AS A SQUARE
1 years is $5200
2 years is $5408
3 years is $5624.32
4 years is $5849.29
5 years is $6083.26
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Answer: Slope=−
2.000
1.600
=−0.800
x−intercept=
4
12
=3
y−intercept=
5
12
=2.40000
Step-by-step explanation:
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Let 'a' stand for adult tickets and 'c' for children tickets.
a + c = 15
(Both adult and children tickets make up a total of 15 tickets).
30a + 20c = 330
a = 3
c = 12
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William bought 3 adults tickets and 12 children's tickets.
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