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Nookie1986 [14]
3 years ago
10

Question 2 of 5

Mathematics
1 answer:
Mice21 [21]3 years ago
4 0

Answer:

30

Step-by-step explanation:

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Find the balance in an account with $7,000 principal earning 5% interest compounded quarterly
nadya68 [22]

Answer:

The balance is \$11,505.34  

Step-by-step explanation:

we know that    

The compound interest formula is equal to  

A=P(1+\frac{r}{n})^{nt}  

where  

A is the Final Investment Value  

P is the Principal amount of money to be invested  

r is the rate of interest  in decimal

t is Number of Time Periods  

n is the number of times interest is compounded per year

in this problem we have  

t=10\ years\\ P=\$7,000\\ r=0.05\\n=4  

substitute in the formula above  

A=\$7,000(1+\frac{0.05}{4})^{4*10}=\$11,505.34  

3 0
3 years ago
Joe’s Plumbing and Mark’s Plumbing have different ways of charging their customers. The function defined by J(t)=45t represents
Reptile [31]

Answer:

that is a very good question sir

Step-by-step explanation:

5 0
2 years ago
Instructions:Select the correct answer from each drop-down menu. A bird catches a fish, flies 100 yards upward in a straight lin
Romashka [77]

This is the answer on my test. this is correct.

5 0
3 years ago
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WHAT WOULD THIS BEEE
Neporo4naja [7]
No, the angles are roughly 34, 44, and 102
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B is the correct answer. 3(x+1)=24

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