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alukav5142 [94]
3 years ago
14

You invest $500.00 in a savings account that gives 4.9% annual interest, compounded quarterly. How much money will you have at t

he end of 5 years
select one:

C. $637.86

OR

D. $638.81
Mathematics
1 answer:
QveST [7]3 years ago
6 0
I like it is letter d

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PLEASE HELP
kolbaska11 [484]

Answer:

  • a) P(x) = 32000*1.04^x
  • b) $37435
  • c) During year 7

Step-by-step explanation:

<u>Given</u>

  • Initial pay = $32000
  • Increase rate = 4%

a. <u>Formula</u>

  • P(x) = 32000*1.04^x

b. Year 5 is after 4 years, so we are looking for the value of P(4)

  • P(4) = $32000*1.04^4 = $37435

c. <u>P(x) = 40000, x = ?</u>

  • 40000 = 32000*1.04^x
  • 1.04^x = 40000/32000
  • 1.04^x = 1.25
  • log 1.04^x = log 1.25
  • x = log 1.25 / log 1.04
  • x = 5.69, this is 6 years after

The required number of the years is 6 + 1 = 7

3 0
3 years ago
What is 10+2p=12+1.5p <br> p=
Allushta [10]

Answer:

p=4

Step-by-step explanation:

5 0
3 years ago
If n = 4, what is the value of 6n - 3
Arturiano [62]
Answer: 21
steps:
1) 6(4) - 3
2) 24 - 3
3) 21
3 0
3 years ago
There’s more options but what’s the answer for now
mel-nik [20]
<h3><u>Answer</u><u>:</u><u>-</u></h3>

\sqrt[3]{125x^{12}y^6}\\\\\\ \to \sqrt[3]{(5x^{4}y^{2})^{^{3}}}\\\\\\ \to 5x^4y^2

4 0
2 years ago
Solve and please show work all of the work pls i smol brain tysm
Luden [163]

Answer: x=-7

Step-by-step explanation: hope this help :)

4 0
2 years ago
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