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
seraphim [82]
2 years ago
15

Isabelle invested $25,000 into an account that earns 3% annual interest compounded quarterly. If she makes no other deposits int

o the account, what will be the balance of her account in 20 years? Round to the nearest whole dollar.
$43451

$38451

$45451

$52451
Mathematics
1 answer:
8_murik_8 [283]2 years ago
3 0

Answer: $45451

Step-by-step explanation:

We would apply the formula for determining compound interest which is expressed as

A = P(1+r/n)^nt

Where

A = total amount in the account at the end of t years

r represents the interest rate.

n represents the periodic interval at which it was compounded.

P represents the principal or initial amount deposited

From the information given,

P = 25000

r = 3% = 3/100 = 0.03

n = 4 because it was compounded 4 times in a year.

t = 20 years

Therefore,

A = 25000(1+0.03/4)^4 × 20

A = 25000(1+0.0075)^80

A = 25000(1.0075)^80

A = $45451

You might be interested in
Triangle Congruence:
Serga [27]
Where are the triangles so I can compare to find the triangle congruence?
8 0
3 years ago
Read 2 more answers
A watering can dispenses water at the rate of 0.25 gallon per minute. The original volume of water in the can was 6 gallons. Whi
nydimaria [60]

I believe the answer should be A {(1, 6.0),(2, 5.75),(3, 5.50)}

4 0
3 years ago
. a) In a group of 75 students, 20 liked football only, 30 liked cricket only and 18 did not like any of two games? (i) How many
qaws [65]

i)50

<u>Steps</u>

30+20=50

ii)7

<u>Steps</u>

75-(30+20)-18

=75-(50)-18

=7

iii)20

<u>Steps</u>

From the available data from the question

iv)30

<u>Steps</u>

From the available data from the questionl

v)From the attcged image file

4 0
2 years ago
55x ÷ 11x=?<br><br>solve for x​
Liula [17]

Answer:

you cant solve for x but

55x/11x=5x

Step-by-step explanation:

5 0
3 years ago
Read 2 more answers
Using the completing-the-square method, rewrite f(x) = x2 + 10x + 7 in vertex form
mr Goodwill [35]

Answer:

f(x) = (x - (-5))^2 + (-18)

Step-by-step explanation:

Given:

f(x) = x^2 + 10x + 7

Rewrite f(x) in vertex form

Solution:

f(x) = ax^2 + bx + c is a quadratic function.

The vertex form of f(x) is a(x - h)^2 + k, where (h, k) is the vertex.

=> f(x) = x^2 + 10x + 7

          = x^2 + 10x + 25 - 18

          = (x + 5)^ - 18

          = (x - (-5))^2 + (-18)

=> f(x) can be rewritten in form of a(x - h)^2 + k, where (h, k) is the vertex, with a = 1, h = -5, k = -18

6 0
3 years ago
Other questions:
  • Chico Alvarez obtained a loan of $2,400 to install a new roof on his home. The interest rate is 12%. What is the interest on the
    13·1 answer
  • Which of the Following is the solution to 4|x+3| greater than equal to 8? Options are as followed: A.x less then equal to -5 or
    6·1 answer
  • What is the factored form of 4x2 + 16x?
    10·1 answer
  • 5. multiply 9x^2(2x^2 8x) a) 18x^4 72x^3 b) 18x^2 72x^3 c) 11x^4 - 17x^3 d) 90x^4
    6·1 answer
  • The sum of two numbers is 14. the larger number minus three times the lesser number -2. what is the lesser number?
    7·2 answers
  • How many groups of 61 are in 10736? °Δ°
    8·1 answer
  • How do you work this?
    6·1 answer
  • Two cities Asheville and Boulder are 2.5 inches apart on a map. A third city well spring is located exactly halfway between Ashe
    7·1 answer
  • Hurry! brainliest if right​
    12·1 answer
  • −34, 0.5, 23,−73, 1.2<br> Order least to greatest
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!