A deposit of $1000 is made in an account that earns 8% interest compounded quarterly. The balance in the account after n quarters is given by the following sequence. Find the balance in the account after ten years.
a
=100.000)
n=1,2,3
The balance after ten years.

Answers

Answer 1

The balance after ten years is $2,208.04.

When an amount of money is compounded quarterly, it means that the amount deposited and the interest earns interest every quarter. The formula that can be used to determine the balance in 10 years is:

FV = P (1 + r)^nm

FV = Future value  P = Present value = $1000 R = interest rate = 8%/4 = 2% m = number of compounding = 4  N = number of years = 10

$1000 x (1.02)^40 = $2,208.04

To learn more about future value, please check: https://brainly.com/question/18760477


Related Questions

Write an equation of the line passing through ​(-2​,1​) and ​(3​,2​). Give the answer in standard form

Answers

how do i delete my answer because apparently my answer is wrong so yes i don't know how to delete it so i'm just editing it and have a good day people

Answer:

y=[tex]\frac{1}{5}[/tex]

Step-by-step explanation:

y=m-+x so y=slope+or-y-intercept

Help math if f(x) =

PLEASEEEEE MY LIFE DEPENDS ON THIS

I will send good fortune your way if you answer correctly (and points)

Answers

We have: f(-3) = -2(-3) = 6

ANSWER: f(-3) = 6
Ok done. Thank to me :>

IR = V (solve for R) *

Answers

Answer:

R = [tex]\frac{V}{I}[/tex]

Step-by-step explanation:

IR = V ( isolate R by dividing both sides by I )

R = [tex]\frac{V}{I}[/tex]

If your money doubles once every 30 minutes and your start with $12, how much money will you have in 1.5 day?

Answers

Answer:

$1728

Step-by-step explanation:

1.5 days is 36 hrs

36 hrs is 2160 mins

2160/30 = 72 (this is the amount of times our money will be doubled)

72*2 = 144

$12*144 = $1728

How many solutions does this system have?

y = -6x - 5

-2y +7 = 12x


A.
One Solution

B.
Two Solutions

C.
No Solutions ***** (what i think)

D.
Infinitely Many Solutions

Answers

A system of equation may have one, zero or infinitely many solutions

The system of equation has no solutions

The systems of equation are given as:

[tex]y = -6x - 5[/tex]

[tex]-2y +7 = 12x[/tex]

Substitute -6x - 5 for y in [tex]-2y +7 = 12x[/tex]

[tex]-2(-6x - 5) +7 = 12x[/tex]

Open brackets

[tex]12x + 10 +7 = 12x[/tex]

[tex]12x + 17 = 12x[/tex]

Subtract 12x from both sides of the equation

[tex]17 = 0[/tex]

The above equation is not true i.e.[tex]17 \ne 0[/tex]

Hence, the system of equation has no solutions

Read more about solutions of equations at:

https://brainly.com/question/9338739

What is the product of y and 10

Answers

Answer:

10y

Step-by-step explanation:

product means to multiply so you would multiply y and 10 so the options would be

10y

y x 10

Help please I’m begging pls thank you very much

Answers

Answer:

2 × n - 1 = x

Step-by-step explanation:

1 times 2 is 2-1 is 1.

2 times 2 is 4-1 is 3.

And so on.

1 TO 7 2 TO 5 3 TO 1  4 TO 3

Identify the focus and directrix of the parabola represented by the equation (y-2)^2= 24 (x-5)

Answers

Answer: Directix= -1

Focus (11, 2)

Step-by-step explanation:

The answer Is 1
Explanation it’s 1

HELPPPPP PLSSSSSSSSSSSSSSS

Answers

Answer: $54.66

Step-by-step explanation:

The 18% turns into 0.18, they mean the same thing.

46.32 * 0.18 = 8.34 (Unsimplified answer: 8.3376)

Add tip to the cost.

46.32 + 8.34 = 54.66

Correct me if it is incorrect.

patsy can decorate 3 1/2 cupcakes in 1/4 hour at this rate how many cupcakes can patsy decorate in 1 hour

Answers

Answer:

14

Step-by-step explanation:

3.5 cupcakes can be done by 15 mn

X cupcakes can be done by 1 hour

35 ×60mn =15X

210 /15=X

X= 14

so 14 cupcakes will be done by an hour

Perimeter of piecewise rectangular figure. Please help.

Answers

Check the picture below.

so the perimeter is 6+16+14+7+8+9 = 60.

A rectangle’s perimeter is 86in . Its length is 9in longer than its width. Use an equation to find the rectangle’s length and width.

Answers

Answer:

Step-by-step explanation:

Let width be x

So length would be x + 9

If perimeter is 86, then

2(l+b) = 86

2(x + x+9) = 86

4x + 18 = 86

4x = 68

X = 17

Check:

2(x + x + 9) = 86

2(17 + 17 + 9) = 86

2(43) = 86

86 = 86

Here you go

find all complex solutions of 5x^2+5x+4=0

Answers

Answer:

-1/2 + i/10 sqrt(55)  , -1/2 - i/10 sqrt(55)

Step-by-step explanation:

5x^2+5x+4=0

a=5  b= 5  c=4

Using the quadratic formula

-b ± sqrt( b^2 -4ac)

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

  2a

-5 ± sqrt( 5^2 - 4(5)(4))

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

2(5)

-5±sqrt( 25 - 80)

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

10

-5± sqrt(-55)

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

10

-5/10  ± 1/10  i sqrt(55)

-1/2 + i/10 sqrt(55)  and -1/2 - i/10 sqrt(55)

Answer:

x= -5 ± i√55 / 10

Step-by-step explanation:

hope i helped

The cost of a bag of fruits is proportional to the number of pounds. The cost for 1 ⅕ pound of fruit is $6.54. How much does a pound of fruits cost? Write an equation based on your answer.

Answers

From the computation done, the cost of the pound of fruits based on the information will be $5.45.

From the information given, it's stated that the cost of a bag of fruits is proportional to the number of pounds and that cost for 1 ⅕ pound of fruit is $6.54.

Therefore, to calculate the cost of a pound of fruit, this will be:

= 6.54 / 1 ⅕

= 6.54 / 1.2

= $5.45

Therefore, the pound of fruits cost $5.45.

Learn more about equations on:

https://brainly.com/question/13763238

Here is my question ​

Answers

Answer:

[tex]\frac{17}{24}[/tex]

Step-by-step explanation:

Step 1 :

4 - 1 [tex]\frac{3}{5}[/tex] = 2 [tex]\frac{2}{5}[/tex]

Step 2 :

1 ÷ 2 [tex]\frac{2}{5}[/tex] = 1 × [tex]\frac{5}{12}[/tex] = [tex]\frac{5}{12}[/tex]

Step 3:

[tex]\frac{2}{3}[/tex] + [tex]\frac{5}{12}[/tex] = [tex]\frac{8+5}{12}[/tex] = [tex]\frac{13}{12}[/tex] = 1 [tex]\frac{1}{12}[/tex]

Step 4:

3 ÷ [tex]\frac{13}{12}[/tex] = 3 × [tex]\frac{12}{13}[/tex] = [tex]\frac{36}{13}[/tex] = 2 [tex]\frac{10}{13}[/tex]

Step 5:

1 - 2 [tex]\frac{10}{13}[/tex] = - 1 [tex]\frac{10}{13}[/tex] = - [tex]\frac{23}{13}[/tex]

Step 6:

1 - [tex]\frac{16}{39}[/tex] = [tex]\frac{23}{39}[/tex]

Step 7:

[tex]\frac{23}{39}[/tex] ÷ ( - [tex]\frac{23}{13}[/tex] ) = - [tex]\frac{23}{39}[/tex] × [tex]\frac{13}{23}[/tex] = - [tex]\frac{1}{3}[/tex]

Step 8:

[tex]\frac{3}{8}[/tex] - ( - [tex]\frac{1}{3}[/tex] ) = [tex]\frac{3}{8}[/tex] + [tex]\frac{1}{3}[/tex] = [tex]\frac{9+8}{24}[/tex] = [tex]\frac{17}{24}[/tex]

)
0
2
1 + 3 = 2 +
Balancing equation

Answers

I’m not sure but I need points so please mark this as answer :)

I was absentee and i dont know how to solve it help plz

Answers

Answer:

-1/3

i think.

Step-by-step explanation:

if it's to find slope

Answer:

m = -1/3

Step-by-step explanation:

There are two easy ways you can find the slope. The first one is using the rise over run method which is to first count how much you need to go up or down to get to the other point, and then how much you need to go forward. In this case you go down one, and forward three. This means its -1/3. You can also use the slope formula which uses the coordinates of each point. I attached it to this answer. (m representing slope)

BRAINLIEST!Because he holds a degree in environmental science, Jared is the environmental inspector for a company that manufactures Styrofoam. What is one task that Jared would perform as part of his job?

A.
Jared oils the large press that forms the Styrofoam.

B.
Jared makes a schedule for Styrofoam deliveries.

C.
Jared tests the air quality in the room where the Styrofoam is stored.

D.
Jared designs the assembly line for the factory.

Answers

Answer: I looked it up please give a brainliest if correct:

Step-by-step explanation: I looked it up y copying and pasting and thats probably what you should have done never hurts to try new ways a lot of people said D.

Answer:

I would say D.

Step-by-step explanation:

Please double check i don't want you to fail your quiz

Y=3x-1 i need help now right now.

Answers

This is not a question lol, positive slope

Y intercept is -1

Slope is 3

What is the number that is greater than 0.13 but smaller than 0.131

Answers

Answer:

any number between the two

for example: 0.1309, 0.1308, 0.1301, etc.

Step-by-step explanation:

hope this helped :)

Step-by-step explanation:

0.1308, 0.1309, 0.1301

11/2 ___ 55%? PLS I NEED A AWNSER

Answers

Answer:

The answer is >

Step-by-step explanation:

11/2 as a percentage is equal to 550% which is greater than (>) 55%

please help!! easy but i don't understand <3

Answers

in essence it's just asking on getting the equation of that line in more or less slope-intercept form, hmmm well, it's a line, so all we need is two points to get it, hmmm let's see let's use the starting point and terminal point, so we know it goes through the origin, (0,0) and also goes through (1, 0.7), let's change 0.7 to a fraction, so its 7/10, ok, let's use those two points from it.

[tex](\stackrel{x_1}{0}~,~\stackrel{y_1}{0})\qquad (\stackrel{x_2}{1}~,~\stackrel{y_2}{\frac{7}{10}}) ~\hfill \stackrel{slope}{m}\implies \cfrac{\stackrel{rise} {\stackrel{y_2}{\frac{7}{10}}-\stackrel{y1}{0}}}{\underset{run} {\underset{x_2}{1}-\underset{x_1}{0}}}\implies \cfrac{~~ \frac{7}{10}~~}{1}\implies \cfrac{7}{10}[/tex]

[tex]\begin{array}{|c|ll} \cline{1-1} \textit{point-slope form}\\ \cline{1-1} \\ y-y_1=m(x-x_1) \\\\ \cline{1-1} \end{array}\implies y-\stackrel{y_1}{0}=\stackrel{m}{\cfrac{7}{10}}(x-\stackrel{x_1}{0})\implies y = \cfrac{7}{10}x[/tex]

What is the mathematical formula of ligma

Answers

Who's Joe? I am in dire need of therapy.

What is the x-value of the vertex of f(x) = -x2 + 9x - 11 ?

Answers

Answer:

7

Step-by-step explanation:

7

Frank rented a truck for one day. There was a base fee of $18.99, and there was an additional charge of 76 cents for cach mile driven. Frank had
S152.75 when he returned the truck. For how many miles did he drive the truck?

Answers

Answer:

Frank drove 176 miles.

Step-by-step explanation:

Subtract the base fee from the total payment

152.75 - 18.99 = 133.76

divide the remaining amount(price for miles driven) by the cost for each mile

133.76 / .76 = 176

176 miles.

On solving the linear equation in one variable, given that there was a base fee of $18.99, and there was an additional charge of 76 cents for each mile driven, Frank had $152.75 when he returned the truck, the number of miles driven were 176 miles.

The linear equations in one variable is an equation which is expressed in the form of ax+b = 0, where a and b are two integers, and x is a variable.

Let the number of miles driven be x.

Given in the question,

base fees = $18.99

charge per mile = 76 cents = $0.76

The equation of the total cost becomes :

= base fees  + charge per mile * number of miles

= 18.99 + 0.76x

Given the total cost = $152.75

Equating the two values,

= 18.99 + 0.76x = 152.75

= 0.76x  = 133.76

= x = 176

Learn more about  linear equation here

https://brainly.com/question/32634451

#SPJ2

Cuál sería el interés producido durante tres años, por un capital de s/30 000, al 5%

Answers

Answer:

2%

Step-by-step explanation:

Answer: la respuesta a tu pregunta es 2%

que tengas un gran día / noche!

Find the equation of the line

Answers

Answer:

Y = 4x - 9

Step-by-step explanation:

Hope this helps! If it’s wrong I’m really sorry.

Pls give brainliest!

Answer:

...

Step-by-step explanation:

how to write into fractional expanded form 65.43

Answers

Answer:

6543/100

Step-by-step explanation:

Multiply both numerator and denominator by 10 for every number after the decimal point

65.43 × 100

1 × 100

=

6543

100

Solve for g. Make sure to use scrap paper to show your work.

( 144 + 6 x 8 ) ÷ 3 = g

192
64
48
NO NOT PUT THIS IN A FILE

Answers

Answer:

64

Step-by-step explanation:

P E D M A S

() ² ÷ × + -

6 x 8 = 48

114 + 48 = 192

(192) ÷ 3 = g

192 / 3 = 64

g = 64

HELLLP ME I GIVE BRAINLIESST


The youth group is going on a trip to the state fair. The trip costs $64. Included in that price is $12 for a concert ticket and the cost of 2 passes, one for the rides and one for the game booths. Each of the passes costs the same price. Write an equation representing the cost of the trip, and determine the price of one pass. Solve your equation by showing your work and steps.

Answers

62=14 + 2x
62-14=2x
48=2x
48/2=x
24 answer: 24

Answer:

each pass costs $26

Step-by-step explanation:

12 + 2x = 64

-12           -12

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

2x = 52

x=26

hope this helps! :D

have a miraculous day everybody!!

brainliest is immensely appreciated!!! <3

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