We are given the following information
Investment = $5200
Annual interest rate = 4.2% = 0.042
Final amount = $16,500
Number of years = 27.7 years
Number of compoudings = quartely = 4
The student uses the following model
The general formula for compound interest is given by
As you can see, the number of compoundings is incorrect (3 vs 4)
The interest rate is also incorrect.
Let us substitute the given values into the above formula
Therefore, the final amount is approximately $16,543.5
Answer:
A
Step-by-step explanation:
Please ask if you have further questions
Answer:
Circle basic concepts: Chords, arcs, tangents, cyclic quadrilateral, angle subtended by a chord and secant of a circle with examples and exercise. Contents are, Definition of a circle.
Answer:
7.3
Step-by-step explanation:
7+9+7+9+15+0+1+13+11+1=73
There are 10 numbers.
73/10=7.3
<h3>2
Answers: Choice B, Choice C</h3>
The rule we use here is 
If the font size is too small, then it says (a^b)/(a^c) = a^(b-c)
We subtract the exponents when dividing exponentials like this. The bases must be the same.
So this means the exponents 13 and 3 subtract to get 13-3 = 10
We either have an exponent of "13-3" or an exponent of "10" as an equivalent expression. The base stays at 2 the entire time.
