1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
uysha [10]
3 years ago
12

Suppose that when your friend was​ born, your​ friend's parents deposited ​$5000 in an account paying

Mathematics
1 answer:
sukhopar [10]3 years ago
4 0

Answer:

$10,306.21

Step-by-step explanation:

Lets use the compound interest formula provided to solve this:

A=P(1+\frac{r}{n} )^{nt}

<em>P = initial balance</em>

<em>r = interest rate (decimal)</em>

<em>n = number of times compounded annually</em>

<em>t = time</em>

<em />

First, lets change 5.2% into a decimal:

5.2% -> \frac{5.2}{100} -> 0.052

Since the interest is compounded quarterly, we will use 4 for n. Lets plug in the values now:

A=5,000(1+\frac{0.052}{4})^{4(14)}

A=10,306.21

The account balance will be $10,306.21

You might be interested in
What is the inverse equation of the function, y = 3x - 6?
algol [13]
The best answer (and only correct answer) among the answer choices given is:
________________________________________________
                    [C]:    y⁻¹ = (x+6) / 3  .
_________________________________________________
Explanation:
__________________________________________________
 Given the original function:  y = 3x - 6 ;
_________________________________________________
To find the "inverse equation" of said function; we change the "x" to a y"; and the "y" to an "x"; and rewrite:
_________________________________________________
x = 3y <span>− 6 ; 

Now, rewrite in "slope-intercept form" ; or y = mx + b ;
     that is, with y as "single, isolated" variable on the left-hand side of the equation (with an "implied coefficient of positive one", only);  then an "equal sign, then "mx + b" ; in which: "m" is the coefficient of the variable, "x"; and in which "m" refers to the "slope";  and "b" refers to the 'y-intercept".
_____________________________________
So,we have the inverse function: 
____ </span>_________________________________________________
      x = 3y − 6  ;  we want to write in slope-intercept form; 
__________________________________________________
Add   "6" to each side of the equation:
__________________________________
     x + 6 = 3y − 6 + 6 ; 
__________________________________
 x + 6 = 3y ;  
________________________
 ↔ Rewrite as:   3y = x + 6 ; 
________________________________________
 Divide EACH side of the equation by "3" ; to isolate "y" one side of the equation; specifically, the left-hand side of equation; and to write in "slope-intercept form:
______________________________
              3y / 3 = (x + 6) / 3  ;
______________________________
   to get:
______________________________
                  y = (x + 6) / 3 ; 
_________________________________
                 y = (x/3)  + (6/3) ;
____________________________________
                y = (x/3 ) + 2 ;
___________________________________
or;  write as: y = (1/3)x + 2 ;
________________________________________
Now, let us examine the answer choices given:
__________________________________________
Note that all the answer choices begin with "y-1" ;
    (except "answer choice: [B]" , which begins with "x-1").  This seems confusing; however, in reality, this does not mean, "y minus 1"; or "x minus 1".  Rather, it mean y⁻¹  or x⁻¹  as notation for the "inverse" (not to be confused with the exponent notation.  The confusion stems from the fact that it can be difficult to make such notations on the "Brainly" system.
__________________________________________________
That being said, we can write the aforementioned "rewritten equations" (see above in THIS VERY ANSWER) as:
_____________________________________
y⁻¹ = (x + 6) / 3 ; 
_________________________________
                 y⁻¹ = (x/3)  + (6/3) ;
____________________________________
                y⁻¹ = (x/3 ) + 2 ;
___________________________________
or;  write as: y⁻¹ = (1/3)x + 2 
___________________________________
That being said:
_________________________________________
The best answer (and only correct answer) among the answer choices given is:  Answer choice: [C]:  y⁻¹ = (x+6) / 3  .
____________________________________________________
6 0
3 years ago
Which represents the decimal 0.071
777dan777 [17]

Answer:

The answer is B

Step-by-step explanation:

In the decimal (base ten) system, the value of the digits is based on the number ten. Each position in a decimal number has a value that is a power of 10.

7 0
3 years ago
Read 2 more answers
Solve k? - 3 = 3k using the quadratic formula.
olga2289 [7]

Answer: k= -1

Step-by-step explanation: cant to quadratic as it is not in standard form

5 0
2 years ago
2/5 of one less than a number is less than 3/5 of one more than that number what numbers are in the solution set of this problem
Dmitry [639]

Answer: B x>-5

Step-by-step explanation:

6 0
3 years ago
PLEASE HELP!!!!
Alecsey [184]
If i’m being honest probably sales job you would make more money but you should check it x
7 0
2 years ago
Read 2 more answers
Other questions:
  • If you continue adding fractions according to this pattern when will you reach a sum of 2?
    6·1 answer
  • Factor the four-term polynomial.
    9·1 answer
  • Can someone help 10 points
    15·1 answer
  • Lucy does the following problem incorrectly. Explain the error and redo the problem showing the correct answer. Lucy’s answer -1
    7·1 answer
  • In two or three sentences explain how you would solve for the real solutions of the following equation: please help asap!!
    5·1 answer
  • What angle is adjacent and supplementary to angle 5?
    7·2 answers
  • State if the two triangles are congruent. If they are, state how you know
    15·1 answer
  • HELP PLSSS I DONT REMEMBER!!
    13·1 answer
  • Can someone help me pleasee
    9·1 answer
  • Please solve this…<br> This is the question from grade XI calculas portion <br> Help me please
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!