1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
son4ous [18]
3 years ago
13

If $2940 is invested at 3.2% compounded quarterly, how much is in the account after 8 years?

Mathematics
1 answer:
tino4ka555 [31]3 years ago
3 0

Answer:

The future value is $3793.776

Step-by-step explanation:

Given

PV = 2940 --- present value

r = 3.2\% --- rate

t = 8 --- time

n = 4 --- quarterly

Required

Determine the future value

This is calculated using:

FV = PV(1 + \frac{r}{n})^{nt

So, we have:

FV =2940 * (1 + \frac{3.2\%}{4})^{4*8

FV =2940 * (1 + \frac{3.2}{400})^{32

FV =2940 * (1 + 0.008)^{32

FV =2940 * (1.008)^{32

FV =2940 * 1.2904

FV =3793.776

You might be interested in
5. Find the measures of the numbered angles.<br>​<br>6. Find the valuses of x and y.
DiKsa [7]

Answer:

5)

<2 = 79°

<1 = 101°

<3 = 101°

6)

x = 5

y = 3

Step-by-step explanation:

5)

<2 = 79°

<1 = <3 = 180 - 79 = 101°

6)

4y - 6 = 2y

2y = 6

y = 3

2x + 4 = x + 9

x = 5

3 0
3 years ago
1. Are the following lines parallel, perpendicular, or neither?
Romashka [77]

Answer:

Not enough info given

Step-by-step explanation:

There isn’t a accurate slope to find if they are parallel or perpendicular

8 0
3 years ago
which represents the solution(s) of the system of equations, y=x^2-2x-15 and y=8x-40? determine the solution set algebraically
Harrizon [31]
y=x^2-2x-15 (1) y=8x-40 (2)

8x-40=x^2-2x-15
X^2+10x-25=0
(x-5)^2
×=5 y=0
7 0
3 years ago
Please someone help me with maths​
Nata [24]

Answer:

<em>a</em><em>)</em><em>=</em><em> </em><em>5x</em><em>+</em><em>10</em>

<em>b</em><em>)</em><em>=</em><em> </em><em>7y-6</em>

<em>c</em><em>)</em><em>=</em><em> </em><em>6x-6</em>

<em>d</em><em>)</em><em>=</em><em> </em><em>2x</em><em>^</em><em>2</em><em>+</em><em>8x-5</em>

<em>e</em><em>)</em><em>=</em><em> </em><em>6x</em><em>+</em><em>9</em>

<em>f</em><em>)</em><em>=</em><em> </em><em>4xy-4y</em><em>^</em><em>2</em><em>+</em><em>8y</em>

<em>g</em><em>)</em><em>=</em><em> </em><em>-12y</em><em>^</em><em>2</em><em>+</em><em>10y</em>

<em>h</em><em>)</em><em>=</em><em> </em><em>6x</em><em>+</em><em>154</em>

<em>i</em><em>)</em><em>=</em><em> </em><em>6x</em><em>+</em><em>21</em>

<em>h</em><em>)</em><em>=</em><em> </em><em>2x</em><em>^</em><em>2</em><em>+</em><em>16</em>

6 0
3 years ago
Read 2 more answers
Why is 24.625 irrational
Katen [24]
Its not irrational............
7 0
3 years ago
Other questions:
  • Solve using substitution.<br><br> x + 3y = -13<br> 5x + 7y = -9
    7·1 answer
  • Find the absolute value.<br> - 150
    5·2 answers
  • I dont get this can someone help me pls​
    9·1 answer
  • The equation of the line shown in the graph is y = ?.
    12·1 answer
  • Select the correct answer. 7 2 2 4 Which of the following inequalities is graphed on the coordinate plane? O A y &gt; 2r + 2 B.
    5·1 answer
  • 19) You want to solve the system below by eliminating y. You multiply the first equation by 7. By what number should you multipl
    15·1 answer
  • 30 POINTS! PLEASE HELP ASAP! WILL MARK BRAINLIEST!
    13·1 answer
  • Given the following functions f(x) and g(x), solve
    10·1 answer
  • Can someone help me?
    15·2 answers
  • Look at this set of ordered pairs:
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!