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
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

You might be interested in
What is the equation of the inverse function A(n)=3n-20
Allisa [31]

Answer:

A^{-1}(n)=\frac{1}{3}n+\frac{20}{3}

Step-by-step explanation:

First, let's change those variables to x and y, just for the sake of convenience.  In order to find the inverse of a function algebraically, switch the x and y coordinates, then solve for the new y.  Letting y = A(n) and x = n (we will switch them back when we're done):

y = 3x - 20.  This is linear; a line with a slope of 3 and a y-intercept of -20.  When we switch the x and the y, we get:

x = 3y - 20.  Now we solve for the new y.  Begin by adding 20 to both sides:

x + 20 = 3y.  Now divide both sides by 3:

\frac{x+20}{3}=y, or to write it in slope-intercept form, like the function you started with:

y=\frac{1}{3}x+\frac{20}{3}

This is also a line, with a slope of 1/3 and a y-intercept of +20/3

Now, replacing:

A^{-1}(n)=\frac{1}{3}n+\frac{20}{3}

That is how to write the inverse using function notation.  The little -1 as an exponent tells us that this is the inverse of the function A(n).

5 0
4 years ago
what is (5b with an exponent of 2 times 2b with an exponent of 2 in parenthesis with an exponent of 2 on the outside
Sloan [31]

Answer:

100b^{8}

Step-by-step explanation:

5 0
3 years ago
Mitchell use one fourth of a carton of 12 eggs to make an omelette how many eggs did she use
Leto [7]
3 Eggs: 4 times what equals 12? (We use 4 because its 1/4 or a quarter) 3 times 4 equals 12.
6 0
3 years ago
Read 2 more answers
What is the unit value the 3 in 432 ?
lara [203]
<span><u><em>Answer:</em></u>
It represent the tens of the number, therefore, it's unit value is 30

<u><em>Explanation:</em></u>
The place value chart is added in the attached image.

<u>Checking this chart, we would find that:</u>
first digit from the right is the units of the number
second digit from the right is the tens of the number
third digit from the right is the hundreds of the number

Comparing this with the nuber given, we would find that the 3 is in the tens position. Therefore, it unit value is 30.

<u>Another way to answer this is by breaking the number given as follows:</u>
432 = 400 + 30 + 2
We can note that the unit value of the 3 is 30

Hope this helps :)</span>

8 0
3 years ago
Ayo help me please<br><br> 4 5/6 x 2/5
Law Incorporation [45]

Answer:

19.3333333

Step-by-step explanation:

You make an improper fraction and multiply

3 0
3 years ago
Read 2 more answers
Other questions:
  • Find the next number in the number sequence 1 2 4 8 16
    8·1 answer
  • Six sisters share 4 sandwiches equally. How much would each get?
    12·1 answer
  • (NEED HELP ASAP)
    6·1 answer
  • Jeffrey is playing a game with the two spinners below: An image of two spinners is shown. The first spinner has four sectors lab
    9·1 answer
  • 56 is what percent of 84
    10·1 answer
  • #1: What is the x-intercept of the line graphed below? Write your answer as an ordered pair.​
    6·2 answers
  • A leg of a right triangle is 25 meters long, and the hypotenuse is 35 meters long. What is the length of missing leg?
    12·1 answer
  • Translate each word phrase into a numerical expression
    11·1 answer
  • I’m desperate. Helppp
    5·1 answer
  • How to solve and answer for 4 1/3 - 2 1/5 ?
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!