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Sever21 [200]
2 years ago
8

Ab" that goes through points (0,17)

Mathematics
1 answer:
KonstantinChe [14]2 years ago
3 0
Yes firebox beans Amanda’s
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5000 12% compounded quarterly compound interest table find earned after 5 years
kolezko [41]
<h3>Amount earned after 5 years is $ 9030.5561</h3>

<em><u>Solution:</u></em>

<em><u>The formula for compound interest, including principal sum, is:</u></em>

A = p(1+\frac{r}{n})^{nt}

A = the future value of the investment including interest

P = the principal investment amount

r = the annual interest rate in decimal

n = the number of times that interest is compounded per unit t

t = the time the money is invested

From given,

p = 5000

t = 5 years

r = 12 \% = \frac{12}{100} = 0.12

<em><u>n = 4 ( since interest is compounded quarterly )</u></em>

<em><u>Substituting the values we get,</u></em>

A = 5000(1+\frac{0.12}{4})^{4 \times 5}\\\\A = 5000(1+0.03)^{20}\\\\A = 5000 \times 1.03^{20}\\\\A = 5000 \times 1.806111\\\\A = 9030.5561

Thus amount earned after 5 years is $ 9030.5561

7 0
3 years ago
Because of variability in the manufacturing process, the actual yielding point of a sample of mild steel subjected to increasing
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Answer:

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and minus + minus = +

so, -14.8 + 21 = 6.2

i think so that is the right answer

4 0
2 years ago
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