liam deposits $2400 into an account that earns 8.3% interest compounded quarterly. how much money will liam have in 5 years.
2 answers:
Answer:
Total = 2,400 * (1 + (.083/4))^4*5
Total = 2,400 * (1.02075)^20
Total = 2,400 * 1.5079528829
Total = 3,619.09
Step-by-step explanation:
Answer:
$3,619.09
Step-by-step explanation:
liam deposits $2400 into an account that earns 8.3% interest compounded quarterly.
Compound interest formula is
where A is the final amount
P is the initial amount deposited
r is the rate of interest
n is the compounding period
t is the time in years
P= 2400, r= 8.3%= 0.083, t=5, n=4 (quarterly)
Plug in all the values
A= 3619.09
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<u>Answer:</u>
• f(g(x)) = + 8
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<u>Step-by-step explanation:</u>
• f(g(x)) = f(x² + 1)
= + 8
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= + 1
= x + 16 + 64 + 1
= 16 + x + 65
Hello!
This is a problem about probability.
What we would first do is find the theoretical probability that Susan would roll the number 3 on a die.
Assuming that this is a fair six sided die, there is only one face with the number 3, and there are 6 sides, meaning that the probability that Susan rolls a 3 would be .
Now, Susan is rolling a die 1,086, meaning that we can divide this number by 6 to find the theoretical number of times that Susan would roll the number 3 on this die.
You should get 181 times, which would be a good estimate of how many times she could roll the number 3.
Hope this helps!