Answer:
$2,459.21
Step-by-step explanation:
(see attached for reference)
recall that the formula for compound interest is:
A = P [ 1 + (r/n)^ (nt) ]
where,
A = Final amount ( we are asked to find this)
P = principal amount = given as $2,340
r = Annual Interest Rate = given as 5% = 0.05
n = number of times compounded in a year = 4 (compounded quarterly)
t= time = 1 year
Substituting the values into the equation,
A = P [ 1 + (r/n)^ (nt) ]
A = 2,340 [ 1 + (0.05/4)^ (4·1) ]
A = $2,459.21
We are going to find the plot where this coordinates are in the graph.
Your graph will be in the attachment below.
~Jurgen
320, 305, 308, 340, 345,<br>315, 330, 315, 330, 318, 325 the mode median
grin007 [14]
Answer:
mode= 315, 330
median=320
Step-by-step explanation: