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nlexa [21]
3 years ago
9

Pedro deposited $7,350 into a savings account 21 years ago. The account has an interest rate of 4.5% and the balance is currentl

y $18,810.67. How often does the interest compound?
Mathematics
1 answer:
Licemer1 [7]3 years ago
5 0
The interest is compounded quarterly because the formula is
A=p (1+r/k)^kt
A it's 18810.67 but I will assume it's unknown ?
P present value 7350
R interest rate 0.045
K compounded quarterly 4
Now solve the formula as the interest is compoundedquarterly
A=7,350×(1+0.045÷4)^(4×21)
A=18,810.67

So the answer is quarterly
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Let's see if that's really true! :)


170=x(17)
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So the answer to your question is false.

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Zoey is designing a jewelry box in the shape of a rectangular prism. The base is 6 inches by 5 inches and the height is 4 inches
makvit [3.9K]

Answer:

148 square inches

Step-by-step explanation:

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Step 2: finding the area of first 2 sides

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step 3: finding the area of the last 2 sides

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3 years ago
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