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
LenKa [72]
3 years ago
14

Aaron puts $1,000 in an account that pays 10% interest compounded quarterly. He leaves it in the account for six months. Estimat

e how much interest he earns.
A. $50
B. $100
C. $150
D. $200
Mathematics
2 answers:
myrzilka [38]3 years ago
7 0

Answer: . $50

Step-by-step explanation:

The formula to find the compound amount (compounded quarterly) is given by :-

A=P(1+\dfrac{r}{4})^{4t}, where P Is principal amount, r is the rate of interest in decimal and t is the time in years.

Given : Aaron puts $1,000 in an account that pays 10% interest compounded quarterly.

Then, P=1000, r=10%=0.1 ; t=\dfrac{6}{12}=0.5 year

Now, A=1000(1+\dfrac{0.1}{4})^{4(0.5)}

A=1000(1.025)^{2}=1050.625

Then , Compound interest=A-P=1050.625-1000=50.625\approx\$50

Hence, he earns the estimated interest of $50.

Keith_Richards [23]3 years ago
3 0
I think its C or D... idk hope it helps tho
You might be interested in
Which statement is true about the equations-3x 4y 12 and tx 1?
nydimaria [60]

We need to solve -3x+4y=12 for x

Let's start by adding -4y to both sides

-3x+4y-4y=12-4y

-3x=-4y+12

x = (-4y+12)/-3

x= 4/3 y -4

Now substitute 4/3 y -4 for x in 1/4 x - 1/3 y =1

1/4 x -1/3 y =1

1/4 (4/3 y -4) -1/3 y =1

Use the distributive property

(1/4)(4/3 y) + (1/4)(-4) -1/3 y =1

1/3 y -1 - 1/3 y =1

Now combine like terms

(1/3y -1/3y) + (-1) =1

= -1

-1 = 1

Now add 1 to both sides

0=2

So there are no Solutions

The answer is C


I hope that's help Will :)

7 0
2 years ago
Help please, I don't understand!!! D:
ch4aika [34]
The answer is 2 hours because from 5 to 7  the temperature was raising <span />
4 0
3 years ago
Read 2 more answers
You roll a die once and then rolla clie
Y_Kistochka [10]
25% I think





Explaination‼️‼️
7 0
2 years ago
Read 2 more answers
PLEASE I NEED HELP I GIVE BRAINLIEST
Sonja [21]

Answer:

this has to be a meme

Step-by-step explanation:

are you trolling us

6 0
2 years ago
Read 2 more answers
Which of the following ratios is equivalent to 5 to 20
morpeh [17]
<h2><em>which of the following ratios is equivalent to 5 to 20</em></h2>

  • <em>10:40</em>

Step-by-step explanation:

<em>because 5/20=1/4 and 10/40 is also equal to 1/4.</em>

<em>hope </em><em>it</em><em> helps</em>

4 0
2 years ago
Other questions:
  • Choose the equivalent system of linear equations that will produce the same solution as the one given below.
    8·2 answers
  • The probability a randomly selected household owns corporate stock is 0.54. The probability a randomly selected household has no
    15·1 answer
  • Please help...<br> X=<br> 4<br> 9<br> 16
    12·1 answer
  • Factor the expression below
    15·1 answer
  • Solve. <br> y = -2x + 9<br> y= 4x – 3
    14·1 answer
  • At a​ school, 174 students play at least one sport. This is 75​% of the students at the school. How many students are at the​ sc
    6·1 answer
  • 46°<br> M<br> (5r-11°<br> I need help this isn’t the equation i’ll add a picture
    13·1 answer
  • Liam has 12 red balloons and 14 blue balloons.He put all of his balloons in 2 equal groups. How many balloons are in each group?
    10·2 answers
  • Researchers studying the sticky droplets found on spider webs will measure the widths of a random sample of droplets. From the s
    6·1 answer
  • Write two equivalent fractions for the point on the number line.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!