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
Marina86 [1]
3 years ago
8

9. Alicia Martin's savings account has a principle of $1,200. It earns 6% interest compounded quartly

Mathematics
1 answer:
zavuch27 [327]3 years ago
6 0

Answer:

9) \$1236.27\,10)\,\$6451.07\, 11)\,\$10,152.87 \,12)\,\$907.95 \,13)\,\$4957.69

Step-by-step explanation:

9) Since Alicia Martin's savings earns 6% quarterly for two quarters then:

A=P(1+\frac{r}{n})^{nt} ⇒ Amount (A), Principle (P), rate (r) in decimal form, number of compoundings (n) a year and t, in year or its fractions.

A=P(1+\frac{r}{n})^{nt}\Rightarrow A=1200(1+\frac{0.06}{4})^{4*\frac{1}{2}}\Rightarrow A=\$1236.27

10) Aubrey Daniel's case:

A=P(1+\frac{r}{n})^{nt}\Rightarrow A=5725(1+\frac{0.04}{4})^{4*3}\Rightarrow A\approx \$6451.07

11) As for Angelo, similarly to Alicia.

A=P(1+\frac{r}{n})^{nt}\Rightarrow A=9855(1+\frac{0.06}{4})^{4*\frac{1}{2}}\Rightarrow A\approx \$10,152.87

12) Simpson's. For semiannual n=2

A=P(1+\frac{r}{n})^{nt}\Rightarrow A=860(1+\frac{0.055}{2})^{2*1}\Rightarrow A\approx \$907.95

13) Jana Lacey amount:

A=P(1+\frac{r}{n})^{nt}\Rightarrow A=4860(1+\frac{0.04}{4})^{4*\frac{1}{2}}\Rightarrow A\approx \$4957.69

You might be interested in
Identify the given quadrilateral<br> Can anyone tell me if these are correct?
Lisa [10]
28 might be a parallelogram
7 0
2 years ago
Convert 62.4lb/ft^3 to kg/m^3
melamori03 [73]
Poop poooooooooooooooop
4 0
3 years ago
Read 2 more answers
The contractor estimated the job would take about 12 weeks to
liq [111]
It will be .6 because u divide
8 0
2 years ago
Use the Law of Sines to find each missing side or angle. Round to the nearest tenth.
Gre4nikov [31]
(22 x sin(65))/sin(53) =24.96604654 rounded of to nearest tenth = 25
So X = 25
5 0
1 year ago
What is the solution for 4x+5=
Mamont248 [21]
I think the answer is 9
4 0
3 years ago
Read 2 more answers
Other questions:
  • What is the joint relative frequency for 11th graders who want the break in the afternoon? Round to the nearest percent.
    15·1 answer
  • The speed of a toy car over time can be represented by a parabola with minimum speed 2 m/s after 3 seconds. After 5 seconds, the
    9·2 answers
  • A rectangular tank of 12 m long, 11 m wide and 13 m deep held
    12·1 answer
  • an item is regularly priced at $37. it is on sale for 55% off the regular price what is the sale price​
    5·1 answer
  • HELP PLEASE I WILL MARK YOU AS BRAINLESIT!!!
    9·1 answer
  • The tree diagram below shows all of the possible outcomes for flipping three coins. A tree diagram has outcomes (H, H, H), (H, H
    12·2 answers
  • PLEASE HELP! WILL MARK BRAINLIEST IF RIGHT AND 100 POINTS! THREE QUESTIONS!
    15·1 answer
  • Can someone plssss solve number 54?????i need this
    7·1 answer
  • Pleased help thankssss​
    6·1 answer
  • Pls helpppoisisisisi
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!