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emmasim [6.3K]
2 years ago
15

Find the amount A accumulated after investing $4800 for 17 years at an interest rate 6.2% compounded quarterly.​

Mathematics
1 answer:
Nostrana [21]2 years ago
8 0

Answer:

A = $13,660.81

Step-by-step explanation:

P (principal) = $4,800.00

I (interest) = $8,860.81

First, convert R as a percent to r as a decimal

r = R/100

r = 6.2/100

r = 0.062 rate per year,

Then solve the equation for A

A = P(1 + r/n)nt

A = 4,800.00(1 + 0.062/4)(4)(17)

A = 4,800.00(1 + 0.0155)(68)

A = $13,660.81

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Answer:

267 i think. I might have counted wrong



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Step-by-step explanation:

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3 years ago
In a certain town, 25% of people commute to work by bicycle. If a person is selected randomly from the town, what are the odds a
iren2701 [21]
<h3>Answer: Choice B)   3:1</h3>

=============================================================

Explanation:

Consider a very small town of only 4 people.

If 1 person bikes to work, then 1/4 = 0.25 = 25% of the population commutes by bicycle. We see that the remaining 4-1 = 3 people don't travel by bike.

The odds against selecting someone who uses their bike to get to work is 3:1 which is why the answer is choice B

We list the number of people we don't want first, and then the number of people we do want (those who use a bike). A colon separates the two values to form the odds ratio.

We can say "3:1" as "3 to 1". It means we're 3 times more likely to select someone we don't want vs someone we do want. The odds are against the bike person which is why the value we don't want is listed first.

In contrast, if your teacher asked "what are the odds in favor of selecting someone who commutes by bicycle?" then the answer would be 1:3. We simply swap the positions of what we set up earlier.

5 0
3 years ago
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If D is the midpoint of the segment AC and C is the midpoint of segment DB , what is the length of the segment AB , if AC = 3 cm
Juliette [100K]
<span>A midpoint divides a line or a segment into two equal parts. If D is the midpoint of the segment AC and C is the midpoint of segment DB, what is the length of the segment AB, if AC = 3 cm.</span>

 

If D is the midpoint of AC, then AD=DC

If C is the midpoint of DB, then DC=CB

If AC=3cm. then then DC-3/2=1.5

If DC=1.5 then CB is 1.5 also

AB=AC+CB

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AB=4.5

5 0
3 years ago
You are standing in one big palace where a king and his 5 queens stay. Each queen has 5 rooms. In each room there are 5 big cats
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(5+1+1)*2 + 5*5*5*(1+5)*4 = 3014
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3 years ago
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