The value of the investment in 5 years is $5805.9
<h3>What is Interest ?</h3>
Interest is the amount earned over years for the amount invested.
It is given that
Principal = $5000
Rate = 3%
Compounded Quarterly
Time = 5 years
Amount = ?
The Amount is given by the formula
Amount = P( 1 + (r/n))ⁿˣ
Here n = t = time period for which the investment has been done.
Amount = 5000( 1+(3/4 * 100)⁴ˣ⁵
Amount = 5000 (1.16)
Amount = $ 5805.9
Therefore , The value of the investment in 5 years is $5805.9
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Answer:
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Step-by-step explanation:
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Answer:
12/13
Step-by-step explanation:
A probability is the number of desired outcomes over the total number of outcomes.
Assuming that this is a standard deck of playing cards, there will be 52 cards, and there will be 4 "4" cards.
First, find the number of desired outcomes, and put it over the total number of outcomes.
Out of the total number of outcomes (52), there are 4 outcomes that are not wanted, hence the equation is:
52 - 4 = 48
So out of the 52 possible outcomes, 48 are desired. Set up the fraction and
simplify:
48/52
/4 /4
= 12/13
Answer:
( 0.6 t^2 + 3t + 11 ) cm
Step-by-step explanation:
dh/dt = 1.2t + 3
at t = 0, h = 11 cm
(a)
dh / dt = 1.2 t + 3
dh = (1.2 t + 3) dt
integrate on both sides
h = 0.6 t^2 + 3t + c .... (1)
where c is the integrating constant
put t = 0
11 = c
Put in equation (1) , we get
h = ( 0.6 t^2 + 3t + 11 ) cm
Thus, teh height of tree after t years is given by
( 0.6 t^2 + 3t + 11 ) cm.
