How to calculate future value compounded quarterly?

1 answer:

5 0

The annual interest rate is restated to be the quarterly rate of i = 2% (8% per year divided by 4 three-month periods). The present value of $10,000 will grow to a future value of $10,824 (rounded) at the end of one year when the 8% annual interest rate is compounded quarterly.

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anygoal [31]

$900.99 (use quizlet)

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The average score on a standardized test is 750 points with a standard deviation of 50 points. What is the probability that a st

nalin [4]

The probability that student scored more than 850 we shall proceed as follows:
z=(x-μ)/σ
where:
x=850
μ=750
σ=50
thus
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thus
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Read 2 more answers

A water truck is filling a swimming pool. The equation that represents this relation is y=18.25x where y is the number of gallon

QveST [7]

Answer:

See explanation

Step-by-step explanation:

The question is incomplete, however, one of the requirements of this question while I searched, was to make a table and sketch the equation.

If this is the case, then, all you need to do is take the equation, Assume some values for x, and compute the values of y. Then, you can do the graph.

I begin with value from 0 to 10.

This is the example of calculations:

x = 0

y = 18.25*0 = 0

for x = 0, we get y = 0. For x = 2:

y = 18.25 * 2 = 36.5

If we keep doing this, we should get a straight line. See the graph and attached table. If the question is asking another thing, then please get back to me to answer it.