Anya's parents will have $44,440.71 after 6 years if they invested in a bank.
The interest rate given is an annual rate yet will be compounded quarterly. You therefore need to convert the interest rate to a quarterly rate.
= 4% / 4 quarters
= 1% per quarter
Number of periods:
= Number of years x Number of quarters in year
= 6 x 4
= 24 quarters
The amount they will have in their account is:
<em>= Amount x ( 1 + rate) ^ number of periods </em>
= 35,000 x ( 1 + 1%)²⁴
= $44,440.71
In conclusion, they will have $44,440.71 if they invested their money in a bank for 6 years.
<em>Find out more at brainly.com/question/13861384.</em>
9514 1404 393
Answer:
The image will be congruent to the pre-image because n=1
Step-by-step explanation:
The image dimensions are the original dimensions multiplied by the scale factor. If the scale factor is 1, the image is the same size as the original, hence congruent to the pre-image.
Answer:
the function of 3 on the table is 1
5 pounds=6 containers how about 1
1 x 6 divided by 5
each=0.83