3 years ago

I’m having trouble on this, can someone help?

Mathematics

1 answer:

Anastasy [175]3 years ago

7 0

Answer:

for all of them

Step-by-step explanation:

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Answer:

After 2 years the account worth will be $3225

Step-by-step explanation:

Initial Deposit (Principal Amount P) = $3000

Rate r = 4.1% = 0.041

Compounded quarterly = n = 4

Time t = 2 years

We need to find future value A

The formula used is: $A=P(1+\frac{r}{n})^{nt}$

Putting values in formula and calculating A

$A=P(1+\frac{r}{n})^{nt}\\A=3000(1+\frac{0.041}{4})^{4*2} \\A=3000(1+0.01025)^{8} \\A=3000(1.01025)^8\\A=3000(1.085)\\A=3225$

So, After 2 years the account worth will be $3225

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3 years ago

Maria had $100 at the beginning of summer vacation. She plans to mow lawns and charge $20 per lawn. Which graph could be used to

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Step-by-step explanation:

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3 years ago

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Marysya12 [62]

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Step-by-step explanation:

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