Answer:
the future value is $5800.38
Step-by-step explanation:
Given that
The invested amount i.e present value is $500
The rate is 5 % per year so quarterly rate is 5% ÷ 4 = 1.25%
The time period is 3 per year so for quartely it is 3 × 4 = 12
We need to find out the future value
So as we know that
Future value = Present value × (1 + rate of interest)^time
= $500 × (1 + 0.0125)^12
= $580.38
hence, the future value is $5800.38
C
Mark brainliest please
Hope this helps you
That's simplied already, unless they want a decimal then it's .6 or something
Answer:
not sure about 1
for number 2 it is 5 over 4 . for y, 5 10 15 20 is a multiple of 5 so the change is 5. for x, 4 8 12 16 is a multiple of 4 so the change is 4.
