Answer:
the answer is D
Step-by-step explanation:
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:
1.07142857143 (1 rounded)
Step-by-step explanation:
3/14 of 5 is 1.07142857143
Answer:
when you subtract a negative number the two negative signs cancel out and it turns to a positive number
Step-by-step explanation:
in -6 - (-2)
the two - signs cancel out so it ends up being
-6+2 which is why it equals -4