Which lists the steps in the correct order to find the median of this data set?
1 answer:
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Given:
• Amount to save, A = $28,000
,• Time, t = 6 years
,• Interest rate, r = 5.3% ==> 0.053
,• Number of times compounded = quarterly = 4 times
Let's find the amount that must be deposited into the account quarterly.
Apply the formula:
Where:
FV is the future value = $28,000
r = 0.053
n = 4
t = 6 years
Thus, we have:
Let's solve for P.
We have:
Solving further:
Divide both sides by 28.0384237:
Therefore, the amount that must be deposited quarterly into the account is $998.60
ANSWER:
$998.60
Answer:
13 1/8 units³
Step-by-step explanation:
(see attached for reference)
Volume = Length x Width x Height
= 1 1/2 x 3 1/2 x 2 1/2 (convert to improper fractions)
= 3/2 x 7/2 x 5/2
= (3 x 7 x 5) / (2 x 2 x 2 )
= 105/8
= 13 1/8 units³
