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-BARSIC- [3]
3 years ago
11

You deposit $175 in an account that pays 4% interest compounded quarterly. How much will you have in the account after 2 years?

Mathematics
2 answers:
melomori [17]3 years ago
6 0

\bf ~~~~~~ \textit{Compound Interest Earned Amount} \\\\ A=P\left(1+\frac{r}{n}\right)^{nt} \quad \begin{cases} A=\textit{accumulated amount}\\ P=\textit{original amount deposited}\dotfill &\$175\\ r=rate\to 4\%\to \frac{4}{100}\dotfill &0.04\\ n= \begin{array}{llll} \textit{times it compounds per year}\\ \textit{quarterly, thus four times} \end{array}\dotfill &4\\ t=years\dotfill &2 \end{cases}

\bf A=175\left(1+\frac{0.04}{4}\right)^{4\cdot 2}\implies A=175(1.01)^8\implies A\approx 189.50

yuradex [85]3 years ago
5 0
The answer would be d 239.50
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Step-by-step explanation:

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Answers:

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Step-by-step explanation:

When rounding, look at the digit that is ls to the right beside the digit in the place value to round to. If the number is greater than or equal to 5, round the digit in the place value to round to up one. If it is less than 5, do not. Let's look at some examples.

EXAMPLE 1:

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23.<u>1</u>23 tenths place is underlined

Digit after tenths is bold. If greater than or equal to 5, round underlined digit up. If less than 5, don't change underlined digit.

The bold number is a 2, which is less than 5, so the underlined number doesn't change.

ANSWER TO EXAMPLE 1: 23.1

EXAMPLE 2:

57.54 round to the nearest whole number

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Digit after underlined digit is bold. If greater than or equal to 5, round underlined digit up one. If bold digit is less than 5, don't change the underlined digit.

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Now, let's examine yours, now that we know how to round

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ANSWER TO QUESTION: 17.5

Hope this helped :)

<em>PLEASE MARK BRAINLIEST</em>

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Answer:

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Step-by-step explanation:

Fill in the blanks to make the following statements true. Also named the property used.  

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b. 4 + __ = 4,

c. - 53 + ___ = - 53,  

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e. 25 + [(-50) + 5 ] = (25 + 5) + ___,

f. (-4) + ___ = -4,

g. 4 + (-4) = ___,

h. 5 + ___ = 0 ,

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