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GuDViN [60]
3 years ago
7

Gordon invested $77,000 into a CD compounded quarterly with an annual interest

Mathematics
1 answer:
erastovalidia [21]3 years ago
3 0

Answer:

$135,150.18

Step-by-step explanation:

We're gonna use the quarterly compound interest formula: P = A(1 + r/4)⁴ⁿ

P = final amount (?)

A = starting amount (77,000)

r = rate (0.063)

n = years (9)

P = 77000(1 + 0.063/4)⁴ ˣ ⁹

P = 77000(1 + 0.063/4)³⁶

P = 77000(1.01575)³⁶

P = 77000(1.7551972)

P = 135,150.1844

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I need help with this question.
Alborosie

Answer:

2116

Step-by-step explanation:

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5 0
3 years ago
Need a lil help please
Georgia [21]

Answer:

  • B(2, 4)

Step-by-step explanation:

<u>Given points:</u>

  • A(-1, -9) and M(0.5, -2.5)

Let the coordinates of B are (x, y)

<u>Use midpoint formula to determine the point B:</u>

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3 0
3 years ago
What is the mode of the data shown below?
aev [14]
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there can be more than one mode. 20 and 30 have the same amount and are most frequent
3 0
2 years ago
The theater sells two types of tickets: adult tickets for $6 and child tickets for $4.
andrey2020 [161]

Answer:

237

Step-by-step explanation:

This is a system of equations.

The theater sold 364 adult and child tickets, so a + c = 364

They made a total of $1930. Each adult ticket was $6 & child tickets were $4. The second equation is 6a + 4c = 1930.

Let's line them up

a  +  c = 364

6a + 4c = 1930

Since we need to solve for the number of adult tickets, we want to get rid of the c variable. I'm going to multiply the entire first equation by -4 to do this. The second equation stays the same. Now, I have:

-4a - 4c = -1456

6a + 4c = 1930            Add them together

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

2a = 474                      Divide by 2 to solve for a

a = 237

There were 237 adult tickets sold

4 0
2 years ago
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Allushta [10]
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8 0
3 years ago
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