Anya's parents will have $44,440.71 after 6 years if they invested in a bank.
The interest rate given is an annual rate yet will be compounded quarterly. You therefore need to convert the interest rate to a quarterly rate.
= 4% / 4 quarters
= 1% per quarter
Number of periods:
= Number of years x Number of quarters in year
= 6 x 4
= 24 quarters
The amount they will have in their account is:
<em>= Amount x ( 1 + rate) ^ number of periods </em>
= 35,000 x ( 1 + 1%)²⁴
= $44,440.71
In conclusion, they will have $44,440.71 if they invested their money in a bank for 6 years.
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Answer:
D
Step-by-step explanation:
h(x) = 6x + 1
y = 6x + 1
switch x and y
x = 6y + 1
solve for y
6y = x - 1
y = (x-1) / 6
Answer:
The correct answer is 12.8 J.
Step-by-step explanation:
To solve this problem, we must remember how to calculate the kinetic energy of an object.
The kinetic energy is represented by the formula K = 1/2 * m * v^2, where m represents the mass of the object and v represents the speed or velocity of the object. If we plug in the given values into the formula, we get:
K = 1/2 * m * v^2
K = (1/2) * (0.40) * (8.0)^2
Our first step is to square the velocity. After doing this step, we get the following:
K = (1/2) * (0.40) * (64)
Finally, we can perform the multiplication, to get:
K = 12.8
The unit for kinetic energy is joules, so the correct answer is 12.8 J.
Hope this helps!
