1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
miv72 [106K]
3 years ago
6

When Vivian was born, her grandparents decided to help save for her college education. They put $2000 in an account that pays 1.

3% annual interest, compounded quarterly. Which equation models the value of the account over time.
Mathematics
1 answer:
melomori [17]3 years ago
4 0

Answer:

P = 2000 * (1.00325)^(t*4)

(With t in years)

Step-by-step explanation:

The formula that can be used to calculated a compounded interest is:

P = Po * (1 + r/n) ^ (t*n)

Where P is the final value after t years, Po is the inicial value (Po = 2000), r is the annual interest (r = 1.3% = 0.013) and n is a value adjusted with the compound rate (in this case, it is compounded quarterly, so n = 4)

Then, we can write the equation:

P = 2000 * (1 + 0.013/4)^(t*4)

P = 2000 * (1.00325)^(t*4)

You might be interested in
Deon has a pizza with a diameter
OverLord2011 [107]

The square box is enough to fit the pizza with a diameter of 10 inches inside. Since the area of the square box is more than the area of the pizza, the pizza fits easily in the square box.

<h3>What is the area of the circle and the square?</h3>

The area of the circle is

Ac = πr² = πd²/4 sq. units

Where r is the radius and d is the diameter of the circle.

The area of the square is given by

As = s² sq. units

Where s is the length of the side of a square.

<h3>Calculation:</h3>

It is given that a pizza(in a circular shape) with a diameter d = 10 in is to be placed in a square box of the same length as the diameter of the pizza.

So,

The area of pizza is

Ap = Ac = πd²/4 sq. units

     = π(10)²/4

     = 25π

     = 78.54 sq. in

Then, the area of the square box with the length same as the diameter of the pizza is,

As = d²

    = 10²

    = 100 sq. in

Since the area of the square is more than the area of the pizza (100 sq. inch > 78.54 sq. inch), the pizza easily fits into the square box.

Learn more about the area of a circle here:

brainly.com/question/15673093

#SPJ1

7 0
1 year ago
PLEASE HELP ASAP
Lena [83]
Multiplication is when you times two different numbers together where its negative or postive(you can multiple pretty much anything together)but combining like terms are number or letters thats the same. For instance, say if i have 4x+7-2x+3, i would combine each term that has something in common with it,like, 4x and 2x because both has X and i will combine 7 and 3 because those two are regular numbers and does not have an X like the others. I Hope That helps!
5 0
3 years ago
Which equation represents the line that has a slope of 1/2<br> and contains the point (0, 3)?
RideAnS [48]
Y - 3 = 1/2 (x) ......
4 0
3 years ago
Read 2 more answers
A company knows that 30% of Customers who come to the store will check out the merchandise and then order it online because it i
valentinak56 [21]
Let X be a discrete random variable with geometric distribution.
 Let x be the number of tests and p the probability of success in each trial, then the probability distribution is:
 P (X = x) = p * (1-p) ^ (x-1). With x = (1, 2, 3 ... n).
 This function measures the probability P of obtaining the first success at the x attempt.
 We need to know the probability of obtaining the first success at the third trial.
  Where a success is defined as a customer buying online.
 The probability of success in each trial is p = 0.3.
 So:
 P (X = 3) = 0.3 * (1-0.3) ^ (3-1)
 P (X = 3) = 0.147
 The probability of obtaining the first success at the third trial is 14.7%
7 0
3 years ago
Which names are other correct names for CK<br><br> Choose all answers that are correct
PilotLPTM [1.2K]
The second and third one
7 0
3 years ago
Other questions:
  • A line with a slope of -2 crosses the y-axis at (0, 3). The equation of the line is _______
    15·2 answers
  • A golf ball is hit from the ground with an initial velocity of 208 ft./s. assume the starting height of the ball is 0 feet. how
    7·1 answer
  • Andy is hanging wallpaper in his kitchen. He is able to cover of the walls in the room using 6 rolls of wallpaper. What is the n
    8·1 answer
  • Is this true? ....................
    14·1 answer
  • ANSWER THE FOLLOWING NOW ON YOUR
    6·1 answer
  • In general, how does the growth of y = 4x compare to the growth of y = 4x? The function y = 4x is growing slower than y = 4x. Th
    13·2 answers
  • In what time will the interest on $960 amount to $61.20 at 8.5% per annum?​
    15·1 answer
  • Use the rules of exponents to evaluate or simplify.write without negative exponents. 1/4^-2=?
    12·1 answer
  • Pls help I’ll brainlest ASAP
    11·1 answer
  • How did you compute sums of dollar amounts that were not whole numbers?
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!