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3 years ago

Use pemdas 3 x (5 - 1) + 13 write 3 steps

Mathematics

1 answer:

ehidna [41]3 years ago

5 0

Step-by-step explanation:

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3 years ago

9. Alicia Martin's savings account has a principle of $1,200. It earns 6% interest compounded quartly

zavuch27 [327]

Answer:

$9) \$1236.27\,10)\,\$6451.07\, 11)\,\$10,152.87 \,12)\,\$907.95 \,13)\,\$4957.69$

Step-by-step explanation:

9) Since Alicia Martin's savings earns 6% quarterly for two quarters then:

$A=P(1+\frac{r}{n})^{nt}$ ⇒ Amount (A), Principle (P), rate (r) in decimal form, number of compoundings (n) a year and t, in year or its fractions.

$A=P(1+\frac{r}{n})^{nt}\Rightarrow A=1200(1+\frac{0.06}{4})^{4*\frac{1}{2}}\Rightarrow A=\$1236.27$

10) Aubrey Daniel's case:

$A=P(1+\frac{r}{n})^{nt}\Rightarrow A=5725(1+\frac{0.04}{4})^{4*3}\Rightarrow A\approx \$6451.07$

11) As for Angelo, similarly to Alicia.

$A=P(1+\frac{r}{n})^{nt}\Rightarrow A=9855(1+\frac{0.06}{4})^{4*\frac{1}{2}}\Rightarrow A\approx \$10,152.87$

12) Simpson's. For semiannual n=2

$A=P(1+\frac{r}{n})^{nt}\Rightarrow A=860(1+\frac{0.055}{2})^{2*1}\Rightarrow A\approx \$907.95$

13) Jana Lacey amount:

$A=P(1+\frac{r}{n})^{nt}\Rightarrow A=4860(1+\frac{0.04}{4})^{4*\frac{1}{2}}\Rightarrow A\approx \$4957.69$

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