The value of the investment in 5 years is $5805.9
<h3>What is Interest ?</h3>
Interest is the amount earned over years for the amount invested.
It is given that
Principal = $5000
Rate = 3%
Compounded Quarterly
Time = 5 years
Amount = ?
The Amount is given by the formula
Amount = P( 1 + (r/n))ⁿˣ
Here n = t = time period for which the investment has been done.
Amount = 5000( 1+(3/4 * 100)⁴ˣ⁵
Amount = 5000 (1.16)
Amount = $ 5805.9
Therefore , The value of the investment in 5 years is $5805.9
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Answer:
here you go! with step by step so you can do it next time
Factors are the numbers you multiply together to get another number. When you find the factors of two or more numbers, and then find some factors are the same ("common"), then they are the "common factors<span>"
</span>Example: 12 and 30
• The factors of 12 are: 1, 2, 3, 4, 6 and 12
• The factors of 30 are: 1, 2, 3, 5, 6, 10, 15 and 30
<span>So the common factors of 12 and 30 are: 1, 2, 3 and 6
</span>
-Hope this helped.
Answer:
I cannot see all of the graphs, but D looks to be the right answer.
Step-by-step explanation:
<em>I hope this helps!! Have a great day!!!</em>
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