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
melamori03 [73]
3 years ago
6

Determine the final amount after 20 years with a 5% annual interest rate if:you invest $10 000 in an account that earns compound

interest (compounded quarterly)
Mathematics
1 answer:
alekssr [168]3 years ago
4 0

Answer:

$27,014.85

Step-by-step explanation:

We're gonna use the compound interest formula: P = A(1 + r/n)^nt

P = final amount

A = starting amount (10,000)

r = rate (0.05)

n = times applied (4 since it's quarterly)

t = years (20)

P = 10,000(1 + 0.05/4)^4*20

P = 10,000(1.0125)^80

P = 27,014.84940753337

Round it to just 27,014.85

You might be interested in
Can someone please help me out with this? I will give brainliest if it lets me!
AlekseyPX

Answer: D is the correct answer

7 0
4 years ago
Five friends divide three bags of apples equally between them. Write the division represented in this situation as a fraction.
yan [13]
Let's name the bag of apples "x"

they have 3 bags of apples: 3x

then they need to divide it among 5 people: so each person gets 3/5
4 0
3 years ago
Read 2 more answers
The value of the numerator of a particular fraction is one-half the value of its denominator. If the numerator is increased by 2
IgorC [24]

Answer:

14

Step-by-step explanation:

Let the original denominator be 2x.

The original numerator is x.

The original fraction is x/(2x).

The numerator is increased by 2, and the denominator is decreased by 2.

The new fraction is (x + 2)/(2x - 2).

The new fraction equals 3/4.

(x + 2)/(2x - 2) = 3/4

Cross multiply.

4(x + 2) = 3(2x - 2)

4x + 8 = 6x - 6

-2x = -14

x = 7

The original numerator was 7.

2x = 2(7) = 14

The original denominator was 14.

8 0
3 years ago
X-2/x-1=x+4/2x+2 show work
makvit [3.9K]

Answer:

x = (i sqrt(7))/4 - 3/4 or x = -(i sqrt(7))/4 - 3/4

Step-by-step explanation:

Solve for x:

x - 1 - 2/x = 3 x + 2

Bring x - 1 - 2/x together using the common denominator x:

(x^2 - x - 2)/x = 3 x + 2

Multiply both sides by x:

x^2 - x - 2 = x (3 x + 2)

Expand out terms of the right hand side:

x^2 - x - 2 = 3 x^2 + 2 x

Subtract 3 x^2 + 2 x from both sides:

-2 x^2 - 3 x - 2 = 0

Divide both sides by -2:

x^2 + (3 x)/2 + 1 = 0

Subtract 1 from both sides:

x^2 + (3 x)/2 = -1

Add 9/16 to both sides:

x^2 + (3 x)/2 + 9/16 = -7/16

Write the left hand side as a square:

(x + 3/4)^2 = -7/16

Take the square root of both sides:

x + 3/4 = (i sqrt(7))/4 or x + 3/4 = -(i sqrt(7))/4

Subtract 3/4 from both sides:

x = (i sqrt(7))/4 - 3/4 or x + 3/4 = -(i sqrt(7))/4

Subtract 3/4 from both sides:

Answer:  x = (i sqrt(7))/4 - 3/4 or x = -(i sqrt(7))/4 - 3/4

7 0
3 years ago
Read 2 more answers
Which fraction is equivalent to - 3/2
andrezito [222]

Answer:

3/-2

Step-by-step explanation:

The negative sign applies for the whole fraction

4 0
3 years ago
Read 2 more answers
Other questions:
  • Match the expression with its name
    8·1 answer
  • Leo wants to paint a mural that covers a wall with an area of 300 square feet. The height of the wall is 1/3 of its length. What
    5·1 answer
  • Which is bigger half of 40 or one fourth of 20
    8·2 answers
  • A newborn child receives a ​$9,000 gift toward a college education from her grandparents. How much will the ​$9,000 be worth in
    5·1 answer
  • I don't know how to figure the answer. Give a answer soon as possible
    8·1 answer
  • Angles AMD are congruent to angles BMD.
    13·1 answer
  • Advertising. I know I have to write about advertising. What do I know about advertising? I know you have to market a product to
    11·1 answer
  • Owen has a 15 ft ladder, the instructions say that the base of the ladder should be 6 ft from the wall. How high up the wall wil
    11·1 answer
  • PLZZZZZZZZZZZZZZZZZ ANSWER What would happen if a rebuttal only had a set out counterclaims…what would happen? Prove it!!!!!!
    13·1 answer
  • Jacob is calculating the amount of time it takes a rocket to get to the moon. the moon is around 239,000 miles from earth. how m
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!