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
To know more about Interest
brainly.com/question/13324776
#SPJ1
Answer:
The mom is 5 feet 3 inches
Step-by-step explanation:
<u>Step 1: Make an equation</u>
m = 1 3/4 * 3
<u>Step 2: Solve</u>
m = (4/4+3/4) * 3
m = 7/4 * 3
m = 21/4
m = 5.25
<em>m = 5 feet 3 inches</em>
<em />
Answer: The mom is 5 feet 3 inches
Answer:
14
Step-by-step explanation:
14
House=600+12lot
lot=x
house=600+12x
answer is first expresion
Answer:
x = 12, x = 7
Step-by-step explanation:
The 2 legs of the triangle are congruent, both 2x + 7, then
2x + 7 + 2x + 7 + x + 11 = 85 ← equation for perimeter
5x + 25 = 85 ( subtract 25 from both sides )
5x = 60 ( divide both sides by 5 )
x = 12
-----------------------------------------------------------
Opposite sides are congruent, then
2(2x) + 2(5x + 3) = 104 ← distribute and simplify both sides
4x + 10x + 6 = 104
14x + 6 = 104 ( subtract 6 from both sides )
14x = 98 ( divide both sides by 14 )
x = 7