3 years ago

Isabella invested $500 at 6% annual interest, compounded quarterly. How much will her Investment be after 25 years.

Mathematics

1 answer:

kompoz [17]3 years ago

6 0

Answer:

$2216.02

Step-by-step explanation:

Compound interest formula:

$FV=PV(1+\frac{i}{n})^{nt}\\\\FV=500(1+\frac{.06}{4})^{25*4}\\\\500(1.015)^{100}\\=2216.02$

You might be interested in

When price increases, quantity supplied:

lara31 [8.8K]

It should increase but I’m between stays the same or increase, I’m not sure in a 100% sorry...

3 0

3 years ago

Which graph represents a function?

vivado [14]

Answer:

Step-by-step explanation:

7 0

2 years ago

20 POINTS! HELP!!

astraxan [27]

The answer is C. 30.5% :)

5 0

3 years ago

Vikki wants to determine whether students in her school would rather attend sporting event or a concert. Which would be the BEST

nevsk [136]

Most likely ill go with D.

7 0

3 years ago

Read 2 more answers

Find the distance between the points

Tasya [4]

Answer:

5 units

Step-by-step explanation:

Calculate the distance d using the distance formula

d = $\sqrt{(x_{2}-x_{1})^2+(y_{2}-y_{1})^2 }$

with (x₁, y₁ ) = (2, 1) and (x₂, y₂ ) = (6, 4)

d = $\sqrt{(6-2)^2+(4-1)^2}$

= $\sqrt{4^2+3^2}$

= $\sqrt{16+9}$

= $\sqrt{25}$

= 5

3 0

2 years ago

Read 2 more answers