All categories

3 years ago

A man invests $5000 in an account that pays 8.5% interest per year, compounded quarterly

2 answers:

7 0

Oh this is easy
5,000x.085=425
That is the amount he made in the year from intrest
Now cut that into a 4th
106.25
He makes 106.25 quarterly

notka56 [123]3 years ago

3 0

5000(1+.085/4)^n=1000
to find n use log:
1.02125^n
N X log1.02125
when computed=32.9
round to 33 quarters compounded
33/4
equals to 8 years 3 months

You might be interested in

Can someone help pls

scZoUnD [109]

Answer:

8) 10 m 9) 26 in 10) 51 m 11) 50 ft 12) 19.4 cm 13) 177.9 m 14) 40 15) 12 16) 14.7 17) 12.1

Step-by-step explanation:

You may solve the problems by using the Pythagorean Theorem which states that c^2 = a^2 + b^2, or in other words, the hypotenuse squared is equal to the sum of the legs squared.

Hope this helps! :-)

3 0

3 years ago

Jason bought 3 dozen eggs from the grocery store to bake some cakes how many eggs did Jason buy?

Snowcat [4.5K]

Answer:

He bought 36 eggs

Step-by-step explanation:

3x12=36

6 0

3 years ago

Read 2 more answers

Solve -5 + w divided by 3 = -1. 12 -12 2 -2

son4ous [18]

Hello!

Answer:

w=12

*The answer must have a positive sign.*

Step-by-step explanation:

First, you add by 5 from both sides of an equation.

$-5+\frac{w}{3}+5=-1+5$

Then, you simplify.

$\frac{w}{3}=4$

Next, you multiply by 3 from both sides of an equation.

$\frac{3w}{3}=4*3$

And finally, simplify and solve. You can also multiply by the numbers from left too right.

$4*3=12$

Final answer: → $w=12$

Hope this helps!

Thanks!

-Charlie

Have a great day!

3 0

3 years ago

PLEASE HELP! I'M STRUGGLING! WILL GIVE BRAINLIEST

lianna [129]

Answer:

1/6

Step-by-step explanation:

Since there is only 1 letter R in 6 options it is 1/6 (im not entirely sure)

7 0

3 years ago

Read 2 more answers

I need help finding the reference angles for these angles.

Salsk061 [2.6K]

Convert the angles to degrees. Remember there are 2pi radians in a circle, and a circle has 360 degrees, so conversion factor is 180degrees/pi. Then you can easily approximate the reference angle. Remember you make the reference angle from the positive x-axis and the reference angle will be the angle between the terminal side and the nearest x-axis (either positive side or negative side of the x-axis).
1) $1.4 * \frac{180degrees}{pi} = 80.214 degrees$
2) $-1.4 \pi * \frac{180degrees}{ \pi } = -252 degrees$

4 0

3 years ago