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Natalija [7]
3 years ago
6

Find the balance in an account with $7,000 principal earning 5% interest compounded quarterly

Mathematics
1 answer:
nadya68 [22]3 years ago
3 0

Answer:

The balance is \$11,505.34  

Step-by-step explanation:

we know that    

The compound interest formula is equal to  

A=P(1+\frac{r}{n})^{nt}  

where  

A is the Final Investment Value  

P is the Principal amount of money to be invested  

r is the rate of interest  in decimal

t is Number of Time Periods  

n is the number of times interest is compounded per year

in this problem we have  

t=10\ years\\ P=\$7,000\\ r=0.05\\n=4  

substitute in the formula above  

A=\$7,000(1+\frac{0.05}{4})^{4*10}=\$11,505.34  

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X=? Please help!!! Will give brainliest
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Answer:

This is an isosceles triangle (note that two of the side length has the same measurements). This means that their opposite angles will be the same measurement. (Meaning that the two angles that do NOT have numbers yet are both with the variable <em>x</em>). Also note that a triangle's angle measurements = 180°.

Set the equation.

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Isolate the variable, x. Note the equal sign, what you do to one side, you do to the other. Remember to do the opposite of PEMDAS.

*As a side note, remember that PEMDAS =

  1. Parenthesis
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  3. Multiplication
  4. Division
  5. Addition
  6. Subtraction

& is the order that you will answer the question.

*

First, subtract 70 from both sides.

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