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Lemur [1.5K]
3 years ago
10

Matthew invests $500 into an account with a 2.5% interest that is compounded quarterly. How much money will he have in this acco

unt if he keeps it for 10 years? Round your answer to the nearest cent. D
Mathematics
2 answers:
Levart [38]3 years ago
8 0

Answer:

$642

Step-by-step explanation:

Use the compound interest formula and substitute the correct values: A=500(1+0.025/4)^{4(10)}.

Simplify by using order of operations: A=500(1.00625)^{40}=500(1.283026821) ≈ 642.

Karo-lina-s [1.5K]3 years ago
3 0

Answer:

$641.4

Step-by-step explanation:

500(1 + 0.025/4)⁴⁰

= 641.5134103

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Can anybody help me with this question please ?
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Answer:

x = 8.75, y = 8.125

Step-by-step explanation:

The triangles are similar thus the ratios of corresponding sides are equal, that is

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And

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3 years ago
What value of x makes this equation true? 12x - 15 = 6 - 3x
m_a_m_a [10]

Answer:

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A gym membership<br> charges an initial fee<br> of $150 then $20 per<br> month.
Vsevolod [243]

Answer:

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Step-by-step explanation:

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7 0
3 years ago
Solve the inequality <br><br><br> what is the solution?
bija089 [108]

Answer:

The solution to the inequality is:

2\ge \frac{g}{-4}\quad :\quad \begin{bmatrix}\mathrm{Solution:}\:&\:g\ge \:-8\:\\ \:\mathrm{Interval\:Notation:}&\:[-8,\:\infty \:)\end{bmatrix}

Please also check the graph of the solution to the inequality.

Step-by-step explanation:

Given the inequality

2\ge \frac{g}{-4}

switch sides

\frac{g}{-4}\le \:2

Multiply both sides by -1 (reverse the inequality)

\frac{g\left(-1\right)}{-4}\ge \:2\left(-1\right)

Simplify

\frac{g}{4}\ge \:-2

Multiply both sides by 4

\frac{4g}{4}\ge \:4\left(-2\right)

Simplify

g\ge \:-8

Therefore, the solution to the inequality is:

2\ge \frac{g}{-4}\quad :\quad \begin{bmatrix}\mathrm{Solution:}\:&\:g\ge \:-8\:\\ \:\mathrm{Interval\:Notation:}&\:[-8,\:\infty \:)\end{bmatrix}

Please also check the graph of the solution to the inequality.

3 0
3 years ago
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