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
leonid [27]
3 years ago
7

If $4,000 is deposited in a bank account paying 4% compounded quarterly, what amount will be in the account after 7 years? How m

uch interest will be returned during the 7 years?
Mathematics
1 answer:
pishuonlain [190]3 years ago
8 0
We shall use the equation A = i(1 + r/n)^nt
So we shall plug all of that in so it turns out like this:
A = 4000(1 + 0.04/4)^4 x 7

So then that can be simplified to A = (1.01)^28
and then to A = 4000(1.321)
so then A = 5285.16
You might be interested in
If x is 5, then 6x = _____. 30 x 5 x 30
marin [14]

Answer:

6x = 30

Step-by-step explanation:

6x

Let x = 5

6*5 = 30

6x = 30

8 0
2 years ago
Read 2 more answers
Victoria has $200 of her birthday gift money saved at home, and the amount is modeled by the function h(x) = 200. She reads abou
svlad2 [7]

Solution :

Amount of money Victoria has = $200

The amount modelled by function = h(x) = 200

According to the function,

s(x) = (1.05)x - 1

It means that the total amount of the interest that Victoria will receive s(x) is equal to original amount of $200 which multiplied by the rate of interest (1.05) and then multiplied by the time that Victoria keeps the money in the bank (x) minus 1.

4 0
2 years ago
What is 1.48888 repeating as a fraction
Alik [6]
1/4 I think because you would limit the eights
6 0
2 years ago
Read 2 more answers
Helppp meeee pleaseeeee
lutik1710 [3]
I hate math its so hard for no reason
6 0
2 years ago
Read 2 more answers
Pls help urgently extra points and mark brainlist
-Dominant- [34]

Answer:

35

Step-by-step explanation:

105/3=35

7 0
2 years ago
Read 2 more answers
Other questions:
  • martina is on her way home in her car. she has driven 30 miles so far, which is two thirds of the way home. what is the total le
    14·1 answer
  • Add, answer as a fraction: 1/15 + 3/12
    14·2 answers
  • Complete each function table. Then write the rule
    15·1 answer
  • In a random sample of 80 people, 52 consider themselves as baseball fans. Compute a 92% confidence interval for the true proport
    14·1 answer
  • ‼️‼️10 points‼️‼️
    14·2 answers
  • A unit rate compares a quantity to
    11·1 answer
  • Rob hits ball 3 feet off the ground at an angle of 30 degrees with an initial velocity of 115ft/sec. Will the ball clear a 20 fo
    7·1 answer
  • Please help with number 3 and 4 i’m stressed
    11·1 answer
  • Find the sum of -75 and 105​
    12·2 answers
  • Find the value of x and y from the following​
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!