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
Alla [95]
3 years ago
12

Dylan wants to invest $3500 for 5 years. The bank offers him 4%/a compounded weekly. Calculate the final amount of this investme

nt. In TVM solver we are solving for? (Where do we put the blue dot?
Mathematics
1 answer:
yan [13]3 years ago
5 0

Answer:

the final amount value is $4,274.58

Step-by-step explanation:

Given that

Present value = $3,500

Time period = 5 × 52 = 260

Rate of interest = 4% ÷ 52 = 0.0769%

We need to determine the final amount i.e. future value

So as we know that

Future value = Present value × (1 + rate of interest)^time period

= $3,500 × (1 + 0.0769%)^260

= $4,274.58

Hence, the final amount value is $4,274.58

You might be interested in
Are the two triangles similar?
Marysya12 [62]

Answer:

I am thinking c, but I do not know

Step-by-step explanation:

I am sure but if not c then b

5 0
3 years ago
Read 2 more answers
Which of the following exponential functions goes thru points (1,6) and (2,12)
Alexandra [31]

Answer:

Noting that e^b = 6/a

Step-by-step explanation:

Use the general expo function y = ae^(bx).

Subbing 6 for y and 1 for x, we get  6 = ae^(b), or   e^b = 6/a.

Subbing 12 for y and 2 for x, we get   12 = ae^(2b), or 12/a = (e^b)²

Now let's find the value of the coefficient a.  Noting that e^b = 6/a, rewrite

12/a = (e^b)² as 12/a = (6/a)².

Dividing both sides by 6/a, we get 2 = 6/a, or a = 3.

Again Noting that e^b = 6/a, e^b = 6/3, or e^b = 2.

Taking the natural log of both sides, we get b = ln 2.

Then our y = ae^(bx) becomes:

                y = 3e^(ln 2·x), or   y = 3·2^x

Note:  next time, please share the answer choices.  Thank you.

7 0
3 years ago
The output of a function in 7 more than 3 times the input. find the input when the output is -8
kiruha [24]
7+ 3x= -8 
-8-7=-15
-15 divided by 3= -5
-5 is the answer
4 0
3 years ago
What is the difference between a formal sanction and an informal sanction?
nadezda [96]

Answer:

A formal sanction is a reward or punishment given by a formal organization or regulatory agency, such as a school or government. An informal sanction is a spontaneous expression of approval or disapproval given by an individual or a group, such as a standing ovation or gossip.

4 0
2 years ago
jerome bought 2 postcards and received $1.35 in change in quarters and dimes. If he got coins back, how many of each coin did he
Butoxors [25]
There are many possibilities

11 dimes and 1 quarter

6 dimes and 3 quarters

1 dime and 6 quarters

Much more...
7 0
3 years ago
Other questions:
  • I need help and the answer to #9
    9·1 answer
  • Twelve added to the sum of a number and two is forty four
    13·2 answers
  • The illustration below is a graph of the polynomial function P(x). The graph crosses the x-axis 2 times and touches the x-axis o
    11·1 answer
  • 7​y​ + 5 = 3​y​ – 31
    9·2 answers
  • PLEASE!!!I NEED HELP!!!!!!!
    14·1 answer
  • jared attempted 20 free throws during basketball practice. He made 16 of his shots and missed the rest. What percentage of the f
    15·2 answers
  • A farmer has 120 feet of fencing available to build a rectangular pen for her pygmy goats. She wants to give them as much room a
    10·1 answer
  • The bill for dinner is $31.85. There is 8% sales tax and you leave a 15% tip. What is the total cost of your dinner?
    6·1 answer
  • Select the correct comparison<br><br> Pls help
    6·2 answers
  • Please help me on this
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!