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Ilia_Sergeevich [38]
3 years ago
8

After 5 years, what is the total amount of a compound interest investment of $32,000 at 3% interest, compounded quarterly?

Mathematics
1 answer:
Nataliya [291]3 years ago
6 0
$37,157.89 Hope that helps!
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(3 2/3 +1 1/4 )·(1− 47/59 )
Naddik [55]

Answer:

I got 1 sorry if it's wrong

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3 years ago
Nolan polled the 2 fastest swimmers on the swim team.
torisob [31]

Here's link to the answer:

cutt.us/tWGpn

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2 years ago
Eric has 183 coins all of them are nickels and dimes. If the total value of the coins is 14.45, how many of each denomination co
FromTheMoon [43]

Answer:

77 nickels

106 dimes

Step-by-step explanation:

Let there be n nickes and d dimes

Since there are 183 coins, we can write:

n + d = 183

Also, the value of nickel is 0.05 and dime is 0.1, total value is 14.45, so we can write:

0.05n + 0.1d = 14.45

Solving 1st equation for n, we have:

n = 183 - d

Putting this into 2nd equation and solving for d:

0.05n + 0.1d = 14.45\\0.05(183-d) + 0.1d = 14.45\\9.15-0.05d+0.1d=14.45\\0.05d=5.3\\d=106

There are 106 dimes

Since, n = 183 - d

n = 183 - 106

n = 77

There are 77 nickels

4 0
3 years ago
A cell phone provider offers a plan that costs ​$40 per month plus ​$0.20 per text message sent or received. A comparable plan c
Svetradugi [14.3K]
You do the following.

Take the price of the most expensive subscription and retract the price of the cheap one.

$50-$40 = $10

Since we know what the price of a text message and the difference in dollars between the two subscriptions, we can calculate how many text messages has to be sent. We just divide the result from before ($10) with the price of a text message ($0.2)

$10/$0.2 = 50

The total number of text messages that needs to be send in order for the price of the subscriptions to be the same, is 50.
4 0
3 years ago
Se deposita 4000 soles a una tasa de interés del 0,8% quincenas .¿Que interes producirá en cinco quincenas?
katen-ka-za [31]

Answer:

Interes= 162,58

Step-by-step explanation:

Dada la siguiente información:

Se deposita 4000 soles a una tasa de interés del 0,8% quincenas

<u>Primero, debemos calcular el valor final de la inversión:</u>

VF= [VP*( 1 + i)^n]

VF= 4.000*(1,008^5)

VF= 4.162,58

<u>Para calcular el interés ganado en 5 quincenas, debemos usar la siguiente formula:</u>

Interes= 4.162,58  - 4.000

Interes= 162,58

5 0
3 years ago
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