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
Vitek1552 [10]
3 years ago
7

Find the final value of 2000 invested at an interest rate of 3% compounded quarterly for 8 years

Mathematics
2 answers:
kykrilka [37]3 years ago
8 0

Answer:

2540.22

Step-by-step explanation:

The equation

Final value=amount invested (1+(interest rate÷ quarter)) ^(quarter ×time)

Apply the given in the question to the equation

Final value=2,000×(1+(0.03÷4))^(4×8)

Final value=2540.22 the answer

Romashka [77]3 years ago
3 0

Answer:

2540.22

Step-by-step explanation:

amount = principal amount * (1+ r/n) ^ nt

r= interest rate as decimal

n=number of times interest is compounded

nt=time

You might be interested in
4.5w = 5.1w - 30<br><br> Please help!!!
Lelu [443]
4.5w = 5.1w - 30

4.5w - 5.1w = -30

-0.6w =-30

Divide both sides by -0.6

-0.6w/-0.6 = -30/-0.6

<span>w = 50

</span>I hope this helps.
6 0
3 years ago
The Blue Jays’ soccer field has 53 bleachers that can each seat exactly 12 people. The Tigers’ soccer field has 48 bleachers tha
andriy [413]
<span>|53*12 - 48*16 |= 132</span>
8 0
3 years ago
Read 2 more answers
5x² + 4x - 20 = 0<br> Solve this using the quadratic formula
Natali [406]

Here's the answer, using the quadratic formula

8 0
3 years ago
What value of k makes the statement true?<br> x² (2x³ + 7x²yª) = 2xªyª + 7x³y8?
Nina [5.8K]

By apply the distributive property of multiplication, the value of k which makes the statement true is 1.

<h3>What is the distribution property?</h3>

Mathematically, the distributive property of multiplication is given by tis expression:

x(y + z) = xy + xz.

Next, we would apply the distributive property of multiplication to the given equation by distributing to the left-hand side using xy⁴:

k(2x⁴y⁴ + 7x³y⁸) = 2x⁴y⁴ + 7x³y⁸

Dividing both sides by the common factor, we have:

k = (2x⁴y⁴ + 7x³y⁸)/(2x⁴y⁴ + 7x³y⁸)

k = 1.

In conclusion, the value of k which makes the statement true is 1.

Read more on distributive property here; brainly.com/question/2807928

#SPJ1

<u>Complete Question:</u>

What value of k makes the statement true?

x^ky⁴(2x³ + 7x²y⁴) = 2x⁴y⁴ + 7x³y⁸

5 0
2 years ago
Need help! Please answer quickly! :)
guapka [62]

Answer: a

Step-by-step explanation:

4 0
3 years ago
Other questions:
  • a recipe calls for a tatol of 3 2/3 cups of flour and sugar. the recipe calls for 1/4 cups of sugar, how much flour is needed?
    13·1 answer
  • This graph shows the solutions to the inequities y &gt; - 1/3x + 5 and y &lt; - 1/3x - 1.
    8·2 answers
  • Help please its timed​
    10·1 answer
  • Write 1,386 as the product of its prime factors. A. 2 x 693 B. 2 x 3 x 7 x 33 C. 2 x 3 x 3 x 7 x 11 D. 2 x 3 x 231
    5·1 answer
  • Can yall help me with the second part Pls
    11·1 answer
  • Please help me quick!!! I'll give brainliest.
    6·1 answer
  • Which expression is equal to <br> 2x - x+5<br> x−2 x+3 ?
    14·1 answer
  • The probability the Sam sleeps for less than 6 hours is 0.25 work out the probability that Sam sleeps for 6 hours or more
    10·1 answer
  • Calculate the marked price(original price)if after 20% discount, the price of an article.
    6·1 answer
  • Find the simple interest to the nearest cent.<br><br> $300 at 7.5% for 5 years
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!