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Lelechka [254]
3 years ago
13

6. (CED.2, REI. 6) A manager is comparing

Mathematics
1 answer:
Mariulka [41]3 years ago
6 0
I think the answer for this question is the second one
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What is the total amount in an investment of $3500 that was compounded quarterly for 8 years at a rate of 5%?
erica [24]

Answer:

Principal = 3500

Time = 8 years

We are given that compound quarterly

So, No. of compounds per year = 2

Rate of interest = 5%

Formula : A=P(1+\frac{r}{n})^{nt}

Substitute the values :

A=3500(1+\frac{0.05}{2})^{2 \times 2}

A=3863.345

Interest = 3863.345 - 3500 = 363.345

Hence the total amount in an investment of $3500 that was compounded quarterly for 8 years at a rate of 5% is $3863.345 and the interest that was made on that account mentioned is $363.345

8 0
4 years ago
What is 100.34567 in a fraction and word form? Thank you! ❤
amid [387]
Wait sorry in fraction for it is 1000000/10 
6 0
3 years ago
Which diagram shows ∠1 and ∠2 as vertical angles?
Mariulka [41]
When two line cross each othe vertical angles are formed
6 0
3 years ago
PLEASE HELP [PLEASE] YOUR SO NICE. BRAINLIEST WILL BE REWARDED PLASE HELP
s344n2d4d5 [400]
The correct answer is D)
5 0
3 years ago
I need help with this problem
serious [3.7K]
i’m not sure imma look stuff up and get back to you tho
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