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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Number 3: need more info
Number 4: is 337.5.
- first we need i\to find how much one case costs. $45/2 = $22.5
- next multiply $22.5 x 15 which gets you $337.50
Number 5: is 65%
- 100% divided by 3,100 is .03225806
- then multiply .023225806 by 1085 which gets you 35%
- but because it is asking for the remaining it is 100% - 35% which is 65%
72,429 rounded to the nearest ten-thousands is 70,000.
Answer:
Step-by-step explanation:
When x = 4,
