All categories

2 years ago

$2,500 principal earning 4%, compounded quarterly, after 4 years $40,000.00 $41,600.00 $2,931.45 $2,924.65

Mathematics

1 answer:

AURORKA [14]2 years ago

5 0

Answer:

Amount= $2933.2

Step-by-step explanation:

The interest of $2,500 principal earning with rate of 4%, compounded quarterly, after 4 years

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

P= $2500

r= 4/100= 0.04

t= 4

n = 4*4= 16

A= 2500(1+0.04/16)^(16*4)

A= 2500(1+0.0025)^(64)

A= 2500(1.0025)^64

A= 2500(1.17328)

A= 2933.2

Amount= $2933.2

You might be interested in

What is an equation for the line through (11,-21) with undefined slope

Andreyy89

Answer:

$x=11$

Step-by-step explanation:

An undefined slope is a vertical line on a graph. This means it isn't equal to a y-value, but rather an x-value instead. All values of y work for this function, just as long as the x-coordinate is 11.

3 0

2 years ago

What is 925 divided by 264

Leni [432]

Answer:

3.50378787879

Step-by-step explanation:

5 0

2 years ago

Read 2 more answers

What is the equation of this line? A: y=-3/2x B: y=2/3x C: y=-2/3x D: y=3/2x

creativ13 [48]

Answer:

b) y = 2/3x

Step-by-step explanation:

Slope (m) formula: $\frac{y_2-y_1}{x_2-x_1}$

I will be using (3,2) and (-3,-2) to find the slope:

$m=\frac{-2-2}{-3-3}\\m=\frac{-4}{-6} \\m = \frac{2}{3}$

$y = mx + b\\y = \frac{2}{3}x+b$

(3,2)

$y = \frac{2}{3}x+b\\\\2 = \frac{2}{3}(3)+b\\\\2 = 2+b\\-2 -2\\\\0=b$

$y=mx+b\\\\y = \frac{2}{3}x+0\\\\y = \frac{2}{3}x$

Hope this helps!

8 0

1 year ago

Help me with 2, 8, and 10 plz

OverLord2011 [107]

For #2:

3x^2 + 4 – 2x^2 + 6

You need to combine your like terms:
 3x^2 – 2x^2= x^2

4 + 6 = 10

This will now give you:

X^2 +10

3 0

2 years ago

HELPPPP. Need help asap.

mamaluj [8]

Answer:

Just learned this-

They are both 1 because of it being to the power of zero and if you type the both in like...

Step-by-step explanation:

sin(73)^0 you get 1

tan(12)^0 you get 1

6 0

2 years ago