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]
2 years ago
7

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

Mathematics
1 answer:
erastovalidia [21]2 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 mid point of AB
enot [183]

Answer:

There's no specific answer

Step-by-step explanation:

If you want the Midpoint M between A and B then you should use the equation \frac{A + B}{2}

3 0
3 years ago
Find the sum of all the integers from 1 to 100 that are not multiples of 7
Mars2501 [29]

Answer:

4343

Step-by-step explanation:

To find multiple of 7 from 1 to 100,

Take the quotient of 100/7=14

n=100 (number of terms)

n=100-14 (Without Multiple of 7=number of terms - multiple of 7)

=>n=86

Sum of 1 to 100 => Sn = n/2(a + an)

                          => Sn = 86/2(1+100)

                          => Sn = 43(101)

                          => Sn = 4343

8 0
3 years ago
Solve for substitution <br> y=4x-10<br> y=3x-5
Feliz [49]
Times 10 and 5 to both sides
8 0
3 years ago
Read 2 more answers
How many ways can change be made for a quarter using standard u.s. coins? (don't count "1 quarter" as making change for a quarte
AveGali [126]
25 pennies, 2 dimes and 5 pennies, 2 dimes and 1 nickel, 4 nickels.
5 0
3 years ago
Read 2 more answers
At the beginning of the year, the wrong family car had been driven 14,539 miles.At the end of the year,their car had been driven
Andreas93 [3]
The answer will be and right answer willl be 90-
7 0
3 years ago
Read 2 more answers
Other questions:
  • during the month of april, dora kept track of the bugs she saw in her garden. She saw a ladybug on 23 days of the month. what is
    6·2 answers
  • Jose Is planning an end of the year swimming party for some of his friends he wants to make gift bags for each of them I he has
    9·1 answer
  • Just need help on the bottom two!!
    10·1 answer
  • Find bc. Round the answer to the nearest tenth.
    9·2 answers
  • 1. Lucy has a jewelry business. To make a certain necklace, she spends $3.38 on materials and $5.57 on labor. She then sells the
    5·1 answer
  • 8/6 = x + 2/32<br><br>Solve for X <br><br>Show work and answer can't be put into decimal form
    12·1 answer
  • B) What percent of 5 year old males weigh...
    12·1 answer
  • The order in which to perform operations when simplifying an expressions with more than one operation
    8·1 answer
  • Leon earns 14 an hour ,how much does he earn in 4 weeks if he works 12 hours each week
    14·1 answer
  • Which of the following illustrates the truth value of the given conditional statement? If 3 • 2 = 5, then 6 &lt; 0. F F → T T T
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!