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3 years ago

11

Help me plzzzzzzzzzzzz

1 answer:

AleksAgata [21]3 years ago

5 0

I think the answer is 19.5

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If $2940 is invested at 3.2% compounded quarterly, how much is in the account after 8 years?

tino4ka555 [31]

Answer:

The future value is $3793.776

Step-by-step explanation:

Given

$PV = 2940$ --- present value

$r = 3.2\%$ --- rate

$t = 8$ --- time

$n = 4$ --- quarterly

Required

Determine the future value

This is calculated using:

$FV = PV(1 + \frac{r}{n})^{nt$

So, we have:

$FV =2940 * (1 + \frac{3.2\%}{4})^{4*8$

$FV =2940 * (1 + \frac{3.2}{400})^{32$

$FV =2940 * (1 + 0.008)^{32$

$FV =2940 * (1.008)^{32$

$FV =2940 * 1.2904$

$FV =3793.776$

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3 years ago

Find inverse of y=1/2x+8

Molodets [167]

F^1(x)=2x-16 To find the interverse interchange the variable and solve for y

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3 years ago

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Lubov Fominskaja [6]

Answer:

Step-by-step explanation:

f(h(-2) =

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4 years ago

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iren2701 [21]

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Step-by-step explanation:

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