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yulyashka [42]
2 years ago
10

Petey set up an investment program using an annuity due with payments of $3,000 at the beginning of each quarter. Find the inter

est earned on the investment if he makes payments for 5 years into an account expected to pay 8% compounded quarterly.
A. $74,349.96
B. $14,349.96
C. $77,349.96
D. $17,349.96
Mathematics
1 answer:
aleksklad [387]2 years ago
4 0

Answer:

c

Step-by-step explanation:

you would do

m = money overall

(m*1.08) +3000= you would do that twelve times

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<h2>Answer:</h2><h3>Answer below in description:</h3><h2>Step-by-step explanation:</h2>

Ths question is not complete but I will try my best to guide you through it so you can answer it. So what the question is asking you to do is that you have to plug in the coordinates into the equation. I don't want to give you an incorrect answer so I will explain it and you can do it yourself with the full question. First use the second equation as it is a full equation with an equal sign. Once plugged in you can find that c and d do not make the second equation true. A and B both complete the second equation. This means that either A or B is the answer. Since the first equation does not have an equal sign meaning it is not complete I can not answer it and I am sorry. But I have cut the answer down for you to A and B. If this answer helped you in the slightest please check out my channel The Game Rater. Thank you and I appreciate it.

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7 0
2 years ago
To increase an amount by 3% what single multiplier would you use?<br> thanks :)
KATRIN_1 [288]
X - an amount

x+3\%x=x+0.03x=1.03x

To increase an amount by 3% you can multiply the amount by 1.03.
4 0
2 years ago
Slope is known as the run over the rise. True or False
pashok25 [27]

Answer:

false. slope is calculated by rise over run

8 0
3 years ago
Read 2 more answers
2(x+4)+6=22 solve for x
hram777 [196]
2x+8+6=22
2x+14-14=22-14
2x = 8
2x/2 = 8/2
x = 4
Check your work
2(4+4)+6=22
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6 0
2 years ago
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which pair of ratios forms a proportion? hint: check for cross products. a. 6/9=9/12 b. 8/16=10/21 c. 6/15=10/25 d. 4/14=6/27
Anna35 [415]

Answer:

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Step-by-step explanation:

Using the hint, we can form the cross products of the offered choices:

a.  6(12) vs 9(9) ⇒ 72 vs 81 . . . not a proportion

b.  8(21) vs 16(10) ⇒ 168 vs 160 . . . not a proportion

c.  6(25) vs 15(10) ⇒ 150 vs 150 . . . IS A PROPORTION

d.  4(27) vs 14(6) ⇒ 108 vs 84 . . . not a proportion

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The cross products are the same for choice C, so that is a pair of ratios that form a proportion:

  6/15 = 10/25

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2 years ago
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