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Rashid [163]
2 years ago
15

HELP PLSSS I WILL GIVE YOU BRAINLYEST i suck at math this is easy

Mathematics
1 answer:
xeze [42]2 years ago
3 0

OPTION C is the correct answer.

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I put $500 in a saving account that warns 7% interest compounded quarterly. How much will be in the account after 1 year? Rounde
Fantom [35]
\bf ~~~~~~ \textit{Compound Interest Earned Amount}
\\\\
A=P\left(1+\frac{r}{n}\right)^{nt}
\quad 
\begin{cases}
A=\textit{accumulated amount}\\
P=\textit{original amount deposited}\to &\$500\\
r=rate\to 7\%\to \frac{7}{100}\to &0.07\\
n=
\begin{array}{llll}
\textit{times it compounds per year}\\
\textit{quarterly, thus four}
\end{array}\to &4\\
t=years\to &1
\end{cases}
\\\\\\
A=500\left(1+\frac{0.07}{4}\right)^{4\cdot 1}\implies A=500(1.0175)^4\implies A\approx 535.92951564
5 0
3 years ago
Find the sum of the first 30 terms of the sequence below. an=4n+1
dmitriy555 [2]
That would be 1,890.
6 0
3 years ago
Read 2 more answers
Find the explicit formula for the given sequence.
DedPeter [7]

Answer:

A

Step-by-step explanation:

given the sequence above using using two as a first term the only formula fits the sequence above is A

7 0
2 years ago
Read 2 more answers
Mark's cell phone provider charges a monthly fee of $24.95 and $0.10 per each text message (t) sent or received. The total month
enot [183]

Answer:

Step-by-step explanation:

the answer is 25.00 hope this helps

6 0
2 years ago
The following function represents the value of a house, in dollars, after x years: f(x) = 242,000(1.04)x What does 1.04 represen
zmey [24]
The number 1.04 represents the rate at which the house appreciates, or increases in its price annually.

As according to the values of an exponential equation, which is represented by this: y=ab^x, the a value represents the original price, the b value represents the rate of growth/decay (if growth, you add 1 to the rate, if decay, you subtract the rate from 1), and x represents the amount of times it decays or grows.

As according to the function <span> f(x) = 242,000(1.04)^x, 242,000 is the original price and 1.04 is the rate of growth since 1 has been added to the the 4% annual growth.</span>
5 0
3 years ago
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