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
MArishka [77]
2 years ago
10

A $20,000 deposit was placed in a bank paying 5.75% interest compounded quarterly. After 12 months, how much interest was earned

.
Mathematics
2 answers:
Jobisdone [24]2 years ago
6 0
P = 20,000 \\ R = 5.75 \\ T = 1 \\ I =   \frac{PRT}{100} \\ =  \frac{20000 * 5.75*1}{100} \\ = 115000/100 \\ = 1150 $
jek_recluse [69]2 years ago
4 0
After 1 year, the bank paid (5.75/4) percent, 4 times.

The value of the investment is (20,000) times (1 + 0.0575/4) to the 4th power.

(1 + 0.0575/4) = 1.014375

That number to the 4th power is 1.05875... (rounded)

The interest alone is (20,000) times (0.05875...) =  $1,175.04
You might be interested in
F (x) = x^2 + 2x - 5<br> g(x) = 2x + 4<br> What is (f• g)(x)?
Vilka [71]

Answer:

Step-by-step explanation:

This is a composite function, f(g(x)). This means, working from the inside function to the outside, we will take the function g and plug it in for x in the f function. g(x) = 2x + 4. We will plug that into f(x) and evaluate f(2x+4):

f(g(x))=(2x+4)^2+2(2x+4)-5 and I imagine your teacher has you simplify completely. We FOIL and distribute to get

f(g(x))=4x^2+16x+16+4x+8-5 which, by combining like terms, give us

f(g(x))=4x^2+20x+19

5 0
3 years ago
Kaitlyn works mowing laws and babysitting. She earns $7.90 an hour for mowing and $6.80 an hour for babysitting. How much will s
Alona [7]
7.90×7=55.30. 6.80×1=6.80. 55.30 + 6.80=62.10 Total
4 0
3 years ago
The formula to convert Fahrenheit to Celsius is C - 5 (F - 32). Convert 30°C to
bulgar [2K]

Answer:

D. *6F

Step-by-step explanation:

C=(F-32)*5/9

30=(F-32)*5/9

F = (30*9)/5+32

F = 86

6 0
3 years ago
What is the slope?
ExtremeBDS [4]
Slope = 4 but I need to get to 20 characters to reply to this question. Have a nice day
6 0
2 years ago
Read 2 more answers
A department store sells small boxes in which customers can store potpourri. The diagram below shows one of the boxes. The diagr
larisa86 [58]
The lateral area is expressed as the product of the perimeter of the base and the height. While the surface area is the sum of all areas. The lateral area and the surface area of the box is calculated as follows:

LA = Ph 
P = 2l + 2w = (2 x 17) + (2 x 5) = 44 cm
LA = 44 cm x 3.12 cm = 137.28 cm

SA = 2(lw + wh + lh)
SA = 2[(17x5) + (5x3.12) + (17x3.12)]
SA = 307.28 cm

Thus, the lateral area and the surface area are 137 cm and 307 cm, respectively.
8 0
3 years ago
Other questions:
  • Quoncy made a scale drawing of the living room in which 1 inch on the drawing represents 3 and a half feet in the actual living
    11·1 answer
  • Please help! I’ll give brainliest to anybody who answers correctly!
    11·1 answer
  • TIME SHEET - ACTIVITY 1
    15·1 answer
  • after Megan walked 5 miles high activity tracker had taunted 9780 stats activity tracker had counted 11928 steps after he walk 6
    11·1 answer
  • 3 - 5 helppp me pleasee??
    11·1 answer
  • Please help I’m really confused
    10·1 answer
  • 2x + 3y = -5 <br> y = 3x - 9<br><br><br> Use substitution to solve the system.
    10·1 answer
  • What is the standard form of the equation of the circle x^2 - 2x + y^2 - 8y + 8 = 0?
    10·1 answer
  • Help plz ASAP
    10·1 answer
  • Determine the 12th term of the following Arithmetic sequence, 5 ; 12; 19;... (2)
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!