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Nadusha1986 [10]
3 years ago
15

The APR of Antonio's savings account is 5.2%, and interest is compounded quarterly. If the principal in Antonio's savings accoun

t were $12,300 for an entire year, what would be the balance of his account after all the interest is paid for the year?
Mathematics
2 answers:
WARRIOR [948]3 years ago
7 0
Hi there
The formula of compound interest is
A=p (1+r/k)^kn
A future value?
P present value 12300
R interest rate 0.052
K compounded quarterly 4
N time 1 year
So
A=12,300×(1+0.052÷4)^(4×1)
A=12,952.18

Good luck!
yuradex [85]3 years ago
4 0

Answer:

12,952.18 is verified answer for apex

Step-by-step explanation:

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Why is the vertex of vertex form y=a(x-h)^2+k (h,k) rather than (-h,k)? If that was y=2(x-5)^2+6, the vertex would be at (5,6) w
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Answer:

  (5, 6) is (h, k)

Step-by-step explanation:

Vertex form is an instance of the transformation of parent function f(x) = x². It is vertically scaled by a factor of 'a', and translated so the vertex is point (h, k). That is, the transformed vertex is h units right and k units up from that of the parent function (0, 0).

Parent:

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__

When you compare the form to your specific instance, you need to pay attention to what it is that you're comparing. As the attachment shows, ...

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Hence the vertex is (h, k) = (5, 6). The second attachment shows this on a graph.

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