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
dem82 [27]
3 years ago
13

You invest $500 in an account that has a annual interest rate of 5%, compounded quarterly for four years. What is the equivalent

interest rate, and how many times will the money be compounded

Mathematics
1 answer:
posledela3 years ago
3 0

Answer:

1.25% and 16 times

Step-by-step explanation:

Since the interest is compounded quarterly it will be compounded 4 times a year. So 4 x 4 is 16, so it will be compounded 16 times.

Then you have to divide the 5% by four to get how much will be compounded each quarter. So, (0.05 / 4) = 0.0125, which is 1.25%.

You might be interested in
There are three highways in the county. The number of daily accidents that occur on these highways are Poisson random variables
Rashid [163]

Answer:

50% Chance

Step-by-step explanation:

So Pr(0.3, 0.5, and 0.7) = (30% + 50% + 70%) / 300

= 1/2

4 0
3 years ago
You buy a baseball card that goes up in value each year at 12%. You original bought the card for $25. How much will it be worth
aleksley [76]

Answer:12 to 25 yrs

Step-by-step explanation:

convert 12% to a decimal

8 0
2 years ago
Simplify the expression: (− 2/3 pq^4)^2·(−27p^5q)
Allushta [10]

Answer:

-12p^7q^9

Step-by-step explanation

-\left(-\frac{2}{3}pq^4\right)^2\cdot \:27p^5q

-27\cdot \frac{2^2p^2q^8}{3^2}p^5q

Multiply the fractions

\frac{2^2p^2q^8\cdot \:27p^5q}{3^2}

-\frac{2^2\cdot \:27p^7q^9}{3^2}

-2^2\cdot \:3p^7q^9

8 0
3 years ago
Explain what one it is and why pls and thank you
Anni [7]
It would be 1/4 of the original volume
5 0
2 years ago
Read 2 more answers
John sells book bags.He sells a leather bag for $69.80 and the sales price . About how much is the sales tax on the book bag?
LUCKY_DIMON [66]
20 cents I think if you get it wrong sorry
5 0
3 years ago
Read 2 more answers
Other questions:
  • For two weeks, Mark recorded the color of the traffic light at the intersection of Acorn Street and Fifth Avenue as his bus appr
    14·1 answer
  • Round to the nearest tenth.
    6·1 answer
  • If f(8)=4 and g(8)=8, what is (f+g)(8)
    12·1 answer
  • The perimeter of a rectangular field is 380 yd. The length is 70 yd longer than the width. Find the dimensions.​
    12·1 answer
  • Whats f=9 over 5 c +32
    14·1 answer
  • What type of function do you think models the amount of medicine in a person’s bloodstream after a certain amount of time?
    11·1 answer
  • EASY QUESTION 100 Points<br><br> Topic: Multiplying and dividing fractions
    13·2 answers
  • Can some one help me its all the points i have :(
    14·1 answer
  • DONT ANSWER IF YOUR GOING TO TAKE MY POINTS OR IF YOU DONT KNOW<br><br><br> I NEED THEM DONE ASAP
    5·2 answers
  • Free pts. Thank me later
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!