$\bf ~~~~~~ \textit{Compound Interest Earned Amount} \\\\ A=P\left(1+\frac{r}{n}\right)^{nt} \quad \begin{cases} A=\textit{accumulated amount}\\ P=\textit{original amount deposited}\dotfill &\$2500\\ r=rate\to 4\%\to \frac{4}{100}\dotfill &0.04\\ n= \begin{array}{llll} \textit{times it compounds per year}\\ \textit{quarterly, thus four} \end{array}\dotfill &4\\ t=years\dotfill &4 \end{cases} \\\\\\ A=2500\left(1+\frac{0.04}{4}\right)^{4\cdot 4}\implies A=2500(1.01)^{16}\implies A\approx 2931.4466123$

3 0

4 years ago

Five friends are going bowling two of the rent shoes at three dollars per pair the group spent $15 at the snack bar the total co

Vedmedyk [2.9K]

66-(3*2)
60/5= 11
so 11$ for the three who didn't rent shoes and the two who did spent 14 each

8 0

3 years ago