All categories

2 years ago

Find the balance in the account. $2,500 principal earning 4%, compounded quarterly, after 4 years

2 answers:

6 0

Formula:
A(t)=P(1+(r/n))^)nt)

A(4)=2500(1+(0.04/4))^(4*4)
A(4) = 2500(1.01)^16
A(4) = 2500*1.1726
A(4) = $2931.45

oee [108]2 years ago

3 0

Answer:

$2941.45 will be the balance.

Step-by-step explanation:

Formula to find the final amount after 4 years with compound interest is

$A=A_{0}[1+\frac{r}{n}]^{nt}=2500[1+.04/4]^{4.4}=2500(1.01)^{16}$

= 2500×1.173 = $2931.45

Therefore $2931.45 is the final amount.

You might be interested in

35% of what is 21??????

frutty [35]

147/20 hope i could help

8 0

2 years ago

Read 2 more answers

On a sketch of a mural,3 inches represents one foot in the mural. A door in the sketch is 2 inches wide by 5 inches high. What i

grandymaker [24]

Answer:

Length of the door, l = 5 inches (in)

Width or Breadth of the door, w = 2 inches (in)

Perimeter p = 2(l + w)

= 2( 5 + 2) inches

= 2(5) inches + 2(4) inches

= 10 inches + 4 inches

= 14 inches or 14 in

Step-by-step explanation:

The perimeter of a plane shape is the measurement of the length of its outside boundary, which means the distance around its edges.

The door in the sketch is the shape of a rectangle. the distance around the edge of the door is the sum of all the sides. The longer side of a rectangle is called the length and it is usually represented by letter l while the shorter side is known as width or breadth represented by letter w and b respectively. The perimeter is calculated by the formula 2(l + w). where l means the length and w represents the width.

4 0

2 years ago

A number greater than a thousand whos prime factorization contains one prime number that does not repeat, one prime number that

Nikitich [7]

You can build as many numbers as you like: just pick three primes and repeat them as required.

The only caution is that you have to pick large enough primes to make sure that the result is larger than 1000.

Since $10^3 = 1000$ , it is enough that the prime repeating three times is larger than 10.

So, for example, we can pick

2, not repeating
3, repeating twice
11, repeating 3 times

The result is

$2 \times 3^2 \times 11^3 = 23958$

8 0

3 years ago

I neeeeeeed helpppppp

BARSIC [14]

Answer:

4th option

Step-by-step explanation:

angle CBE and Angle EBG

5 0

2 years ago

Read 2 more answers

An olympic hurdler accelerates at a rate of 15.5 m/s2 . what is the rate in miles/min2 ? 1. 6.89 miles/min2 2. 31.8 miles/min2 3

Tom [10]

For this case we have to take into account the following conversions:
$1 mile = 1609.34 meters

1 minute = 60 seconds$
Let's first transform the expression to miles per seconds squared:
$(15.5) * (1 / 1609.34) = 0.009631277 mi / s ^ 2
$
Then, we transform the result to miles per minute squared.
We have then:
$(0.009631277) * (60) ^ 2 = 34.7 mi / min ^ 2
$
Answer:
the rate in miles/min^2 is:
$34.7 mi / min ^ 2$

3 0

3 years ago