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alex41 [277]
3 years ago
14

If $360 dollars is invested at an interest rate of 4% per year and is compounded quarterly, how much will the investment be wort

h in 18 years
Mathematics
2 answers:
brilliants [131]3 years ago
7 0
Fv=360(1+0.04/4)^4*18
Fv=360(1+0.01)^72
Fv=736.96
katen-ka-za [31]3 years ago
6 0

Answer:

Principal (P)= $ 360

Rate of Interest = 4 %

Time =18 years

Interest is Compounded Quarterly.

In a year there are 4 Quarters.So, Time =72 Quarters

New Rate of Interest

                      =\frac{4}{4}\\\\=1 \text{percent}%

Amount after 18 years

                  =P \times [1+\frac{R}{100}]^n\\\\=360 \times [1+\frac{1}{100}]^{72}\\\\=360 \times (1.01)^{72}\\\\=360 \times 2.0470\\\\=736.955

        =$ 737.96

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Answer:

3/4

Step-by-step explanation:

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Δx = x1 - x2 = -3 - (-7) = 4

Slope = Δy/Δx = 3/4

7 0
3 years ago
Which polynomial function has a leading coefficient of 1 and roots /7 and - /3 with multiplicity 1?
VladimirAG [237]

Answer:

  • A.  f(x) = (x - √2)(x + √3)

Step-by-step explanation:

Leading coefficient is 1, multiplicity is 1, roots are √2 and -√3. It means the function is the product of two binomials.

<u>The function with the roots of a and b is:</u>

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<u>Substitute and and b:</u>

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Correct choice is A

4 0
3 years ago
Read 2 more answers
Five bulbs of which three are defective are to be tried in two bulb points in a dark room
iogann1982 [59]

Answer:

D 7

Step-by-step explanation:

Total no. of bulb= 5

no. of defected bulb= 3

no. of not defected bulb=2

Total no. of bulb combination = 5C2

=5!/2!(5-2)!

= 5!/2!3!

= 5×4×3×2×1/2×1×3×2×1

=120/12

=10

( since a room can be lighted with one bulb also)

total no. of bulb combination when room shall not light = 3C2

3!/2!(3-2)!

= 3!/2! 1!

= 3×2×1/2×1×1

= 6/2

=3

Now,

Total no. of trial when room shall light

=10-3

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Hence, number of trial when the room shall be lighted is 7 which is option d

8 0
3 years ago
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zalisa [80]
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2a+4>12

2a>8

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I hope this helps!

Brainliest answer is always appreciated!
4 0
3 years ago
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yarga [219]
10z = 36

z = 36/10 = 3.6
3 0
3 years ago
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