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:
hmmm cant tell if this is a serious question Lol considering you seem pretty smart but if so answer is 23
Step-by-step explanation:
Answer:
1
Step-by-step explanation:2 and 6 are the first ones in each set so 6-2 is 4.4 and 1 are the second ones in each set 1-4 is -3 4+-3 is 1.
It’s b because it’s -85 f so the planet is colder
