Hello!
Lynne invested 35,000 into an account earning 4% annual interest compounded quarterly she makes no other deposits into the account and does not withdraw any money. What is the balance of Lynne's account in 5years
Data:
P = 35000
r = 4% = 0,04
n = 4
t = 5
P' = ?
I = ?
We have the following compound interest formula
So the new principal P' after 5 years is approximately $42,706.66.
Subtracting the original principal from this amount gives the amount of interest received:
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I Hope this helps, greetings ... Dexteright02! =)
Answer:
7.625
Step-by-step explanation:
This would be written like this bc to 3 decimal places its 5.You then round 4 up to 5,because the third decimal place is higher than 4.
Enable M = Mary's age now So Mike's age is 3M 3M + 4 = 2 (M + 4) = 2M + 8 Now, subtract 2M from the two factors. then you definitely have: M + 4 = 8 or M = 4 examine: Mike is now 12. In 4 years, Mary would be 8 and Mike would be sixteen.
Yintercept is the point where the line crosses the y axis and where x=0
(x,y)
yintercept at y=b is
(0,b)
Answer: Terry should buy the half-liter of water that costs $2.11 because buying 200 litres here is cheaper.
Step-by-step explanation:
Terry is buying water and needs 22 liters. A half-liter of water costs $2.11. Using this information, 22 litres will cost:
= 22 ÷ 1/2 × 2.11
= 22 × 2 × 2.11
= $92.84
Also, A 200 -milliliter container of water costs $1.01. Using this information, 22 litres will cost:
= 22 × 1.01 ÷ 200/1000
= 22 × 1.01 × 1000/200
= 22 × 1.01 × 5
= $111.1
Based on this information, Terry should buy the half-liter of water that costs $2.11 because buying 200 litres here is cheaper.
