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Answer:
The volume of this rectangular prism is D. 60.
Step-by-step explanation:
In order to find the volume of a rectangular prism, we need to multiply the length by the width, and then multiply their product by the height of the prism. We can write what I said above as a formula...
V = l × w × h
(In the formula above "V" is the volume, "l" is the length, "w" is the width, and "h" is the height).
Now we just substitute the values into the formula and we get...
V = l × w × h
V = 4cm × 3cm × 5cm
V = 60
Therefore, the volume of this rectangular prism is D. 60.
Given:
• Amount to save, A = $28,000
,• Time, t = 6 years
,• Interest rate, r = 5.3% ==> 0.053
,• Number of times compounded = quarterly = 4 times
Let's find the amount that must be deposited into the account quarterly.
Apply the formula:
Where:
FV is the future value = $28,000
r = 0.053
n = 4
t = 6 years
Thus, we have:
Let's solve for P.
We have:
Solving further:
Divide both sides by 28.0384237:
Therefore, the amount that must be deposited quarterly into the account is $998.60
ANSWER:
$998.60