Answer:
Principal = 3500
Time = 8 years
We are given that compound quarterly
So, No. of compounds per year = 2
Rate of interest = 5%
Formula : 
Substitute the values :


Interest = 3863.345 - 3500 = 363.345
Hence the total amount in an investment of $3500 that was compounded quarterly for 8 years at a rate of 5% is $3863.345 and the interest that was made on that account mentioned is $363.345
Answer:
Step-by-step explanation:
Answer:
81
Step-by-step explanation:




30% is equal to 0.3 (found by dividing the percentage by 100). Then we multiply the cost of dinner, $85, by 0.3 to find an answer of $25.50.
Answer: $25.50
Answer:
y = 5/4 x - 7
Step-by-step explanation:
y - y1 = m(x - x1)
y + 2 = 5/4 (x - 4)
y + 2 = 5/4 x - 5
y = 5/4 x - 7