At the end of a 10-year term, what is the balance of a $3,000 investment at a rate of 1.5 percent compounded quarterly?
1 answer:
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Answer:
34° is the closest to the record high in degree Fahrenheit ⇒ C
Step-by-step explanation:
∵ The formula F = C + 32 is used to convert the temperature from
degrees Celsius (C) to degree Fahrenheit (F)
∵ The high temperature in Chicago is 1° Celsius
→ Substitute C in the formula above by 1
∴ F = (1) + 32
∴ F = + 32
∴ F = 33.8°
→ Round it to the nearest degree Fahrenheit
∴ F ≅ 34°
∴ 34° is the closest to the record high in degree Fahrenheit