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
algol [13]
3 years ago
7

I need help please and thank you

Mathematics
1 answer:
Oxana [17]3 years ago
3 0

Answer: 5% interest rate

==============================================

Work Shown:

The given values are

A = 5205.75

P = 3500

n = 4

t = 8

-----

Plug those values in. Isolate r.

A = P*(1+r/n)^(n*t)

5205.75 = 3500*(1+r/4)^(4*8)

5205.75 = 3500*(1+r/4)^(32)

3500*(1+r/4)^(32) = 5205.75

(1+r/4)^(32) = 5205.75/3500

(1+r/4)^(32) = 1.48735714285714

1+r/4 = (1.48735714285714)^(1/32)

1+r/4 = 1.01248355256014

r/4 = 1.01248355256014-1

r/4 = 0.01248355256014

r = 4*0.01248355256014

r = 0.04993421024056

r = 0.0499

Multiply this r value by 100 to convert to a percentage

100*r = 100*0.0499

100*r = 4.99%

Rounding to the nearest tenth, we get 5.0% or just 5%

You might be interested in
What is the answer what is q
Brrunno [24]
Q is negative two thirds which is written as -2/3
8 0
3 years ago
Read 2 more answers
Mr.little earned $320 for working 2 eight hours shifts at the lumber yard .what is his hourly wage?
7nadin3 [17]

Answer:

Step-by-step explanation:

320$ divided by 16 (two 8 hr shifts) = 20 dollars an hour

3 0
3 years ago
A figure is composed of two half-circles.
posledela

Answer:

The answer is C, 220 units.

3 0
3 years ago
The volume formula for a right pyramid is V=
morpeh [17]

Answer:

A.Area of the base

Step-by-step explanation:

these is obtained by multiplying the length and width of the base to get the area of the base

4 0
3 years ago
What is a million times all the numbers in the world
kozerog [31]
Well, there isn’t really an end for numbers...

However; The biggest number referred to regularly is a googolplex (10googol), which works out as 1010^100. That isn’t the end to numbers but it is a huge one. We will replace that with ‘all the numbers in the world’.

106 is the exponent equivalent to 1 million

So your question would be:
106 x 1010^100 =

However I don’t believe there is a calculator that large.
7 0
3 years ago
Other questions:
  • I need help with #21
    13·1 answer
  • You have a $90 gift card for a coffee shop. each day you use the card to get a coffee for $4.20. what is the value of the card a
    15·1 answer
  • The Huey family is purchasing a winter cover for their above ground pool, which is rectangular and has dimensions of 18 feet by
    9·1 answer
  • A rectangle on a coordinate plane has vertices L(0, 6), M(8,6), N(8,0), and O(0, 0). What are the dimensions of the
    5·1 answer
  • Can someone help me with this question pleaseee
    7·1 answer
  • Given f(x)=cos c and g(x)=cot x, what are the domain and range of f(g(x))?
    9·1 answer
  • Plz help me and explain it.
    6·1 answer
  • Simplify the expression (9x² – 8z³) -(5z - 9z³ + 2z²)​
    15·1 answer
  • PLS HELP!!!
    11·2 answers
  • Find the intercepts and graph each line.<br><br> a.) x – 4y =− 4<br> b.) 2x + 5y =-10
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!