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Simora [160]
3 years ago
11

Find the amount of money accumulated if you invest $10,000 at 3% interest compounded quarterly for 2 years. Round your answer to

the nearest cent.
Mathematics
1 answer:
uranmaximum [27]3 years ago
3 0

Answer:

  $10,625.99

Step-by-step explanation:

The future value formula is useful for this.

  FV = P(1 +r/n)^(nt)

where interest at rate r is compounded n times per year for t years. P represents the principal invested.

  FV = $10,000(1 +.03/4)^(4·2) = $10000(1.0075^8) ≈ $10,625.99

The accumulated value will be $10,625.99.

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Can someone help me with this problem? It’s Special Right Triangles: Decimal Answer. Round to the nearest tenth. Thank you ! 10
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Answer:

h = 1.4

c = 2.8

Step-by-step explanation:

For each problem, remember the special triangle side ratios then use a proportion. To solve, isolate the variable.

For the triangle with the variable h:

Since two of the angles are 45, this is an isosceles triangle. All isosceles triangles have two equal sides that are not the hypotenuse.

In a right isosceles triangle, the ratio for regular side to hypotenuse is 1 to √2.

\frac{1}{\sqrt2} =\frac{h}{2} \\h = 2\frac{1}{\sqrt2} \\h = \frac{2}{\sqrt2} \\h = \frac{2\sqrt2}{2} \\h = \sqrt{2}

h = √2

h ≈ 1.4

For the triangle with the variable c:

The is an equilateral triangle cut in half because the angles are 30 and 60.

The side ratio of altitude to hypotenuse is √3 to 2.

\frac{\sqrt{3} }{2} =\frac{c}{4} \\\sqrt{3} = \frac{c}{2}\\2\sqrt3 = c

c = 2√2

c ≈ 2.8

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