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
DENIUS [597]
3 years ago
12

Find the amount in a bank account if you deposited $10,000 for 25 years at 6.25% interest compounded quarterly.

Mathematics
1 answer:
KengaRu [80]3 years ago
4 0
Ok, so the formula for compound QUARTERLY is A=P(1+ʳ/n)ⁿ<span>ᵗ.
P= The initial amount.
R= The Rate
T= The Time/Number of Years
N= Number of time interest is compounded per year. (In this case its 4 because it compounded QUARTERLY.)

So if you input the numbers, you will get A=10,000(1+0.0625/4)</span>⁴⁽²⁵⁾<span>
Now solve inside the parenthesis.
10,0 00(1.0625/4)</span>⁴⁽²⁵⁾
Now you will need a calculator for the next part...
Do 1.0625/4 and times it by 10,000 .
You will get 0.0265265. You can't for get about the ⁴⁽²⁵⁾.
⁴⁽²⁵⁾=<span>¹⁰⁰
</span>2,656.25¹⁰⁰= 
$47134.43 Hope This Helped!
You might be interested in
On Saturday, the Anderson
Bond [772]

Answer:

\left\{\begin{matrix}2p + 4c = 31.50\\3p + 2c = 33.25\end{matrix}\right.

Step-by-step explanation:

Let's call (as suggested)

p = the cost of one pizza

c = the cost of one cheeseburger

The Anderson Family ordered 2 pizzas and 4 cheeseburgers and paid $31.50, thus:

2p + 4c = 31.50             [1]

Next weekend, they ate at the same restaurant and ordered 3 pizzas and 2 cheeseburgers for $33.25, thus:

3p + 2c = 33.25           [2]

To know the cost of one pizza and one cheeseburger, we need to solve the system of equations defined by [1] and [2]

\left\{\begin{matrix}2p + 4c = 31.50\\3p + 2c = 33.25\end{matrix}\right.

4 0
3 years ago
Michelle wishes to build a square pool in her backyard. She has saved enough to build a pool with the area of 150 square feet. W
frozen [14]
When it comes to finding the area of spaces, you must determine its shape. In this case, the shape of the pool is a square. From there, we will use the formula to find the area of a square.

Area = (side)^2

Since the square of the square's side is its total area, then if vice versa, we have to find the square root of the area to find the length. Thus,

Length = √150 = 5√6 = 12.25 ft
7 0
3 years ago
Give the appropriate theorem or postulate that can
Ratling [72]

Answer:

Step-by-step explanation:

<ACB = <ECD    

These 2 angles are vertically opposite and are equal.

<B = <D

They are both right angles are therefore equal.

The answer is the AA postulate.

A

Note

ASA is a congruence postualate. If S is between two angles that can be shown to be corresponding and equal, then you will have 2 congruent triangles.

SSS if three sides of 1 triangle = 3 sides of a second triangle, then the 2 triangles are congruent. If the the three sides of one triangle are in a ratio with 3 sides of the other triangle, then the triangles could be similar, but that is not the case here.

SAS this is the terminology for congruence as well. We don't know enough to use it for similarity. Some sort of ratio would have to be mentioned to do that.

You are intended to use AA as your answer.

8 0
2 years ago
The relationship between temperature in Celsius and Fahrenheit is linear. Water freezes at 0 ° C or 32 ° F and water boils at 10
yan [13]

Please check on gogle. Hope you got it

7 0
3 years ago
How many one-half cubes with dimensions of 1/2 x1x1 fit in a unit cube?<br> 1<br> 2<br> 4<br> 6
Leni [432]
I got 2 but this could be wrong. Hope this helps ;D
4 0
3 years ago
Read 2 more answers
Other questions:
  • Nagaraj has a​ party-length sandwich that is 45 inches long and is to be cut into three pieces. The middle piece will be 3 inche
    12·1 answer
  • Three years back, a father was 24 years older than his son. At present the father is 5 times as old as the son. Write an equatio
    5·1 answer
  • A=1/2 (b+B)h. Find the area of a trapezoid whose height is 6m, small base is 12 m, and large base us 18 m
    11·1 answer
  • If angle one measures 108 degrees, what is the measure of angle 3?
    14·1 answer
  • There are 7 cards with a picture of a rose and 2 cards with a picture of a daisy. Alfa keeps all the cards face down on the tabl
    12·2 answers
  • Describe how the graph of each function is related to the graph of its parent function.
    12·1 answer
  • Miguel has 48 coins. Of the 48 coins, <br> 5<br> 8<br> are dimes. How many of the coins are dimes?
    5·1 answer
  • Help plz plz plz
    11·1 answer
  • 4. If you buy 7 hamburgers and 3 slices of pizza from the Sizzler, you get Sl in change back from a
    5·1 answer
  • -7x/6=-2x/1<br> Solve for X
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!