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
1 answer:
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%.
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Let x be the no. of students who were surveyed.
from question, we have,
12% of x = 36
=> (12/100) × x = 36
=> x = (36×100)/12
=> x = 300
Therefore 300 students were surveyed
Answer:
pls say the question correctly
Answer:
x=19
Step-by-step explanation:
![\frac{30}{x+5+30} =\frac{20}{36}](https://tex.z-dn.net/?f=%5Cfrac%7B30%7D%7Bx%2B5%2B30%7D%20%3D%5Cfrac%7B20%7D%7B36%7D)
700+20x=1080
20x=380
x=19
B is the answer
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