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Sergio [31]
3 years ago
12

Brainers, please help me out.

Mathematics
1 answer:
Alexus [3.1K]3 years ago
4 0

Answer:

P= $ 4720

Step-by-step explanation:

I=PRT,      P=I/(RT)

I=826

R=2.5%=0.025

T= 7

P=I/(RT) = 826/(0.025*7)=4720

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Find the amount in the bank after 7 years if interest is compounded quarterly?
qwelly [4]

Answer:

a) amount in the bank after 7 years if interest is compounded quarterly is $6,605

b) amount in the bank after 7 years if interest is compounded quarterly is $6,612.57

Step-by-step explanation:

We are given:

Principal Amount P= 5000

Rate r= 4% = 0.04

time t = 7 years

The formula used is: A=P(1+\frac{r}{n})^{nt}

where A is future value, P is principal amount, r is rate, n is compounded value and t is time

a) Find the amount in the bank after 7 years if interest is compounded quarterly?

If interest is compounded quarterly then n = 4

Using values given in question and finding A

A=P(1+\frac{r}{n})^{nt}\\A=5000(1+\frac{0.04}{4})^{4*7} \\A=5000(1+0.01)^{28}\\A=5000(1.01)^{28}\\A=5000(1.321)\\A=6,605

So, amount in the bank after 7 years if interest is compounded quarterly is $6,605

b) Find the amount in the bank after 7 years if interest is compounded monthly?

If interest is compounded quarterly then n = 12

Using values given in question and finding A

A=P(1+\frac{r}{n})^{nt}\\A=5000(1+\frac{0.04}{12})^{12*7} \\A=5000(1+0.003)^{84}\\A=5000(1.003)^{84}\\A=5000(1.322)\\A=6,612.57

So, amount in the bank after 7 years if interest is compounded quarterly is $6,612.57

6 0
3 years ago
Help ASAP please ill mark brainliest
yKpoI14uk [10]

Answer:

D

Step-by-step explanation:

3 0
3 years ago
Read 2 more answers
A sequence of numbers begins with 12 and progresses geometrically. each number is the previous number divided by 2. which value
Viefleur [7K]

<u>1/2 value</u><u> can be used as the </u><u>common ratio</u><u> in an explicit formula that represents </u><u>the sequence.</u>

Definition of sequence -

  • The following of one thing after another; succession. order of succession: a list of books in alphabetical sequence.
  • A continuous or connected series: a sonnet sequence. something that follows; a subsequent event; result; consequence.

A sequence that progresses geometrically has the first term as 12.

Each number is the previous number divided by 2.

so the sequence will be 12, 6, 3, 1.5...........

Explicit formula of a geometric sequence is given by

T_{n}  = ar^{n-1}

Where T_{n}  = nth term of the sequence

a = first term

r = common ratio

and n = number of term

In this sequence common ratio = \frac{Successive term }{previous term}

            = 6/12

            =  1/2

Therefore, common ratio will be 1/2.

Learn more about sequence

brainly.com/question/21961097

#SPJ4

4 0
2 years ago
2. Dibuja la mesa de tu casa, denota los puntos evidentes y nombra los siguientes elementos u objetos geométricos.
Gre4nikov [31]

Answer:

a) The floor of the room, each edge and the top of the table.

b) The edge of one side and one leg of the table.

c) The angle formed between the sides of the table and the angle between the legs of the table and its edges.

d)  The vertices of the top of the table.

e) These are same lines.

Step-by-step explanation:

An angle is the amplitude between the two lines. Plane is an object which consists of two dimensions and infinite points. The segment is a fragmented line. A ray is a line which a starting point and a direction.

7 0
3 years ago
If 25% of a number is 45, is the number greater or less than 45? Explain your answer. (Hint: You might want to solve to find wha
Sophie [7]

Answer:

Greater

Step-by-step explanation:

A number must be greater that a small percentage of the number

Greater

---------------------

45% = 0.45

.45 x = 45

Divide both sides by .45

x = 100

5 0
3 years ago
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