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
densk [106]
3 years ago
10

a $2400 deposit for 8 years compounded at annual interest rate of 4.5% what is the interest and the total value

Mathematics
1 answer:
vladimir2022 [97]3 years ago
3 0

Answer:

$3,619.09

Step-by-step explanation:

liam deposits $2400 into an account that earns 8.3% interest compounded quarterly.

Compound interest formula is

where A is the final amount

P is the initial amount deposited

r is the rate of interest

n is the compounding period

t is the time in years

P= 2400, r= 8.3%= 0.083, t=5, n=4 (quarterly)

Plug in all the values

A= 3619.09

You might be interested in
rick won 27 tickets playing a game. to get a prize, he needs to win at least 30 tickets. how many more tickets can he win to get
ch4aika [34]
He can win 3 more tickets to get a prize.

30 tickets to win a prize - 27 tickets won already = 3 more tickets needed to win a prize.
5 0
3 years ago
Martha (from problem 9) has some expenses each week. Each week she buys $9.72 worth of
Verdich [7]

if Martha is not earning money to pay it back, it would be negative. Each week, she loses -9.72 dollars. so -9.72 x 3 weeks = your problem. I'll let you take it from there and solve the rest

3 0
3 years ago
Read 2 more answers
20 POINTS PLEASE HELP
morpeh [17]
The answer is the bottom !hope this helps!
 
7 0
3 years ago
Please help me I don't know how to do these at all.
Arlecino [84]

Answer:

The quotient is (-x³ + 4x² + 4x - 8) and the remainder is 0

Step-by-step explanation:

Look to the attached file

Download docx
3 0
3 years ago
Plz answer only if correct :)) <br> (this is trig.ratios) in
slamgirl [31]

Answer:

39

Step-by-step explanation:

Since you want to find the variable x all you have to do is simple subtraction.

The two numbers (61 and 22). Subtract those numbers and you get 39. Now it wants you to round to the jearest hundredth but there is no hundreds place so we can round to the nearest tenth. Which would be 30! Hope it helped... :)!

bye

8 0
3 years ago
Other questions:
  • Find the quotient of (5.2 · 106) and (8 · 10-3).<br><br> 6.5 · 10^8<br><br> 65 · 10^7<br> 6.5 · 10^9
    11·2 answers
  • Is 0.917 rational or irrational
    11·1 answer
  • Thursday is date night for Holly and David. Based on prior date nights, they will choose to go out 80% of the time. If they go o
    15·1 answer
  • SOMEONE HELP!
    10·1 answer
  • 63 is 90% of what number? using double number lines to get the answer
    12·2 answers
  • ??????????????????????????
    6·1 answer
  • Solve please!<br> m=rise/run<br> or....<br> y2-y1/x2-x1
    12·2 answers
  • What is the domain and range of 1,2 2,4 3,9 4,16
    14·1 answer
  • A blueprint shows an apartment with an area of 15 square inches. If the blueprint's scale is 1 inch : 8 feet, what will the actu
    7·1 answer
  • In Kayla's grade, 3/4 of the students have a sister. Of the students who have a sister, 2/5
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!