Ask question

Ask question

All categories

3 years ago

13

Francisco invested $5,000 into an account that earns 3% compounded quarterly. How many times will Francisco earn interest after

keeping the money in the account for 5 years?

1 answer:

Ede4ka [16]3 years ago

7 0

To do this, we have to know how many quarters are in a year. There are 4.

So if Francisco earns interest 4 times each year, for 5 years he will earn interest 20 times.

4*5=20

-Steel jelly.

You might be interested in

Orchestra seats for a Symphony per-

slamgirl [31]

Answer:

The Answer is that Orchestra seats were $15 and Balcony seats were $9.

Step-by-step explanation:

400(x+6) + 250x = 8250

400x + 2400 + 250x = 8250

650x + 2400 = 8250

650x = 5850

x = 9

Proof:

400(15) + 250(9) = 8250

6000 + 2250 = $8,250

7 0

3 years ago

Roxanne has 1/2 as many beads as Sherrie. The number of beads Sherrie has is 4/5 that of Ting Ting's. Ting Ting has 165 beads. H

gregori [183]

165 Ting Ting's beads* (4 Sherrie's beads/ 5 Ting Ting's beads)= 132 Sherrie's beads.
132 Sherrie's beads* (1 Roxanne's bead/ 2 Sherrie's beads)= 66 Roxanne's beads.
Now that we know the number of beads Roxanne and Ting Ting have, let's subtract:
165 beads- 66 beads= 99 beads.
Hope this would help :))

7 0

2 years ago

Read 2 more answers

Jc bent 26.32 on 8 gallons of gas how much wood he spend for 20

dedylja [7]

1) divide 26.32 by 8 = 3.29
2) 3.29 x 20= 65.80
3) he would spend 65.80 on 20 gallons of gas

4 0

3 years ago

James has a job with a current salary of $42,000. He wants to earn a college degree that will take him 2 years to complete and i

FinnZ [79.3K]

To recover the investment James will take $\boxed{2.5{\text{ years}}}.$

Further Explanation:

Given:

The current salary of James is $\$ 42000.$

The time taken to complete the college degree is $2{\text{ years}}.$

The cost of the college degree is $\$ 28000.$

The James’ new salary after college degree will be $\$ 56000.$

Calculation:

The total investment of James can be calculated as follows,

$\begin{aligned}{\text{Investment}} &= {\text{Salary of 2 years}} + {\text{2 years tuition fees}} \\&= 2 \times 42000 + 2 \times 28000\\&= 84000 + 56000\\&= \$ 140000\\\end{aligned}$

The total investment for 2 years will be $\$ 140000.$

The James’ new salary after college degree will be $\$ 56000.$

The time taken by James to recover $\$ 140000.$

$\begin{aligned}{\text{Time}} &= \frac{{140000}}{{56000}}\\&= 2.5{\text{ years}}\\\end{aligned}$

To recover the investment James will take $\boxed{2.5{\text{ years}}}.$

Learn more:

Learn more about inverse of the function brainly.com/question/1632445
Learn more about range and domain of the function brainly.com/question/3412497
Learn more about profit and loss brainly.com/question/2479097

Answer details:

Grade: High School

Subject: Mathematics

Chapter: Investment and return

Keywords: James, job, current salary, salary, $42000, earn, college, college degree, 2 years, complete, graduation, cost, $28000, per year, investment, recover, new salary, work, able, school, full time.

6 0

3 years ago

Read 2 more answers

What is 1103857 times 38219847391028474? It is for my math hw.

diamong [38]

I don't know if this helps but my calculator said 4.2189246e+21

4 0

3 years ago

Read 2 more answers