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
myrzilka [38]
2 years ago
5

Justin invested $23,000 in an account paying an interest rate of 3.8% compounded quarterly. Assuming no deposits or withdrawals

are made, how much money, to the nearest dollar, would be in the account after 14 years?
Mathematics
1 answer:
Lana71 [14]2 years ago
5 0

Answer:

$39056

Step-by-step explanation:

As we know, the final Amount can be calculated with the formula for compound interest,

A = P(1 + \frac{r}{n} )^{nt}

where,

A = Final Amount

P = Initial principal amount

r = rate of interest in decimal

n = number of times applied per time period

t = total time period

Now, according to the given data,

P = $23000

r = .038

n = 4

t = 14

so,

A = 23000(1 + \frac{.038}{4} )^{4(14)}

A = 39055.476

You might be interested in
Consider the following function. f(x) = 9 − x2/3 Find f(−27) and f(27). f(−27) = f(27) = Find all values c in (−27, 27) such tha
oksano4ka [1.4K]

I guess the function is f(x)=9-x^{2/3}. Then f(-27)=0 and f(27)=0.

The derivative is f'(x)=-\dfrac23 x^{-1/3}, but there is no c such that

-\dfrac23c^{-1/3}=0

This doesn't contradict Rolle's theorem because f'(0) does not exists. In other words, f is not differentiable on (-27, 27), so the conditions of Rolle's theorem are not met. (Looks like that would be the last option, or the second to last option if the last one is "Nothing can be concluded")

6 0
2 years ago
The sum of three numbers is 121 The third number is 3 times the second. The first number is 6 times the second. The first number
Mama L [17]

Answer:

The first number is

72.6

Step-by-step explanation:

Let second number be x.

First number= 6x

Third number= 3x

According to question,

6x+x+3x=121

or, 10x=121

or,x=121/10=12.1

First number= 6x=6×12.1=72.6

Third number=3x=3×12.1=36.3

3 0
2 years ago
Read 2 more answers
What is the geometric mean of 6 and 9
Dmitry [639]
6+9=15
15 Divided by 2=7.5
Therefore your answer will be 7.5
4 0
3 years ago
Read 2 more answers
Simplify 27^2.<br><br> please (thxx)
adoni [48]

Answer:

729

Step-by-step explanation:

Raise 27 to the power of 2.

729

4 0
3 years ago
Match the concept with its definition and characteristics. i. A set of instructions (codes) that perform a specific task. ii. A
kogti [31]

First definition matches with expression, second matches with equation ,third matches with algorithm and fourth matches with equation.

Given  four definitions of equation, expression, algorithm but mixed.

We have to match the definitions with appropriate term.

We know that expression is a combination of numbers, symbols, fraction, coefficients, indeterminants mostly not found in equal to form. It exhibits a behaviour only.

Algorithm is a computer programming to do a specific task in a predetermined way.

Equation is a relationship between two variables expressed in equal to form. In this we have to put the value of variables and the equation gives us a value.

Hence  First definition matches with expression, second matches with equation ,third matches with algorithm and fourth matches with equation.

Learn more about algorithm at brainly.com/question/13800096

#SPJ4

7 0
1 year ago
Other questions:
  • PLZ help solve !!!!!!!
    12·1 answer
  • Mary is 5 Times as old as Morgan and the sum of their ages is 72.how old is each person
    5·1 answer
  • Solve for a r=x(a+b)
    7·1 answer
  • Jason and Jenny are out on a lunch date. Jason gives Jenny a bouquet that has 4 roses, 3 carnations, and 4 orchids. They decide
    14·1 answer
  • Can you help me with this problem i need to go to sleep for school tmrrr​
    14·2 answers
  • Find the perimeter of the figure to the nearest hundredth. 20mm 20mm 16mm. Please help me!
    10·1 answer
  • -2.75 + 8.25 ? Help pls
    11·1 answer
  • -6(x - 7)<br> Help Please
    7·2 answers
  • [Pre-Calc] Please Help! I don’t know where to start. How do I do this?
    5·1 answer
  • Please help it would be greatly appreciated:)
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!