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The value of the investment in 5 years is $5805.9
<h3>What is Interest ?</h3>
Interest is the amount earned over years for the amount invested.
It is given that
Principal = $5000
Rate = 3%
Compounded Quarterly
Time = 5 years
Amount = ?
The Amount is given by the formula
Amount = P( 1 + (r/n))ⁿˣ
Here n = t = time period for which the investment has been done.
Amount = 5000( 1+(3/4 * 100)⁴ˣ⁵
Amount = 5000 (1.16)
Amount = $ 5805.9
Therefore , The value of the investment in 5 years is $5805.9
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Theos initial balance in his savings account = -$4
Final balance after making a deposit = $25
So, the overall change to his account = $ 29
I am un able to see the photo please re try so I can help
Answer:
john drove for 3 hours at a rate of 50 miles per hour and for 2 hours at 60 miles per hour.
Step-by-step explanation: