0.001*3=0.003
0.003^2=0.000009
Answer:
There will be $5624.32 in the account after 3 years if the interest is compounded annually.
There will be $5630.812 in the account after 3 years if the interest is compounded semi-annually.
There will be $5634.125 in the account after 3 years if the interest is compounded quarterly.
There will be $5636.359 in the account after 3 years if the interest is compounded monthly
Step-by-step explanation:
Tamira invests $5,000 in an account
Rate of interest = 4%
Time = 3 years
Case 1:
Principal = 5000
Rate of interest = 4%
Time = 3 years
No. of compounds per year = 1
Formula :![A=P(1+r)^t](https://tex.z-dn.net/?f=A%3DP%281%2Br%29%5Et)
![A=5000(1+0.04)^3](https://tex.z-dn.net/?f=A%3D5000%281%2B0.04%29%5E3)
A=5624.32
There will be $5624.32 in the account after 3 years if the interest is compounded annually.
Case 2:
Principal = 5000
Rate of interest = 4%
Time = 3 years
No. of compounds per year = 2
Formula : ![A=P(1+\frac{r}{n})^{nt}](https://tex.z-dn.net/?f=A%3DP%281%2B%5Cfrac%7Br%7D%7Bn%7D%29%5E%7Bnt%7D)
![A=5000(1+\frac{0.04}{2})^{2 \times 3}](https://tex.z-dn.net/?f=A%3D5000%281%2B%5Cfrac%7B0.04%7D%7B2%7D%29%5E%7B2%20%5Ctimes%203%7D)
A=5630.812
There will be $5630.812 in the account after 3 years if the interest is compounded semi-annually.
Case 3:
Principal = 5000
Rate of interest = 4%
Time = 3 years
No. of compounds per year = 4
Formula : ![A=P(1+\frac{r}{n})^{nt}](https://tex.z-dn.net/?f=A%3DP%281%2B%5Cfrac%7Br%7D%7Bn%7D%29%5E%7Bnt%7D)
![A=5000(1+\frac{0.04}{4})^{4 \times 3}](https://tex.z-dn.net/?f=A%3D5000%281%2B%5Cfrac%7B0.04%7D%7B4%7D%29%5E%7B4%20%5Ctimes%203%7D)
A=5634.125
There will be $5634.125 in the account after 3 years if the interest is compounded quarterly.
Case 4:
Principal = 5000
Rate of interest = 4%
Time = 3 years
No. of compounds per year = 4
Formula :![A=P(1+\frac{r}{n})^{nt}](https://tex.z-dn.net/?f=A%3DP%281%2B%5Cfrac%7Br%7D%7Bn%7D%29%5E%7Bnt%7D)
![A=5000(1+\frac{0.04}{12})^{12 \times 3}](https://tex.z-dn.net/?f=A%3D5000%281%2B%5Cfrac%7B0.04%7D%7B12%7D%29%5E%7B12%20%5Ctimes%203%7D)
A=5636.359
There will be $5636.359 in the account after 3 years if the interest is compounded monthly
Bro answer.
Step-by-step explanation:
This is the step of doing this so write this in class 10 we do like this ok
Answer:
The length is 30 cubic yards.
Step-by-step explanation:
To find volume you use equation V=LxWxH
Since we already know the height, width, and volume we can input them into the equation.
18,720=L x 24 x 26
As you can see, the length is still unknown.
To figure it out though, you can multiply the height and width of the prism,
24 x 26 = 624
And then divide the volume, 18,720 by it.
18,720/624 = 30
Thus, your length is 30 cubic yards.