If $10,000 is invested at an annual rate of 11%, compounded quarterly, find the value of the investment after the given number of years.
a) 5 years b) 10 years c) 15 years

Answers

Answer 1

Answer:

[tex]a) A\simeq17204.28[/tex]

[tex]b) A\simeq29598.74[/tex]

[tex]c)A\simeq50922.51[/tex]

Step-by-step explanation:

The amount formula in compound interest is:

[tex]A=P(1+\frac{r}{n} )^{nt}[/tex]

where:

P = principal amount

r = annual interest

n = number of compounding periods

t = number of years

We already know that:

P = $10000

[tex]r = 11\% = \frac{11\%}{100\%}=0.11[/tex]

n = 4 (quarterly in a year)

a ) t = 5 years

[tex]A=10000(1+\frac{0.11}{4} )^{(4)(5)}\\\\A=10000(1+\frac{0.11}{4} )^{20}\\\\A=17204.28431\\\\A\simeq17204.28[/tex]

b) t = 10 years

[tex]A=10000(1+\frac{0.11}{4} )^{(4)(10)}\\\\A=10000(1+\frac{0.11}{4} )^{40}\\\\A=29598.73987\\\\A\simeq29598.74[/tex]

c) t = 15 years

[tex]A=10000(1+\frac{0.11}{4} )^{(4)(15)}\\\\A=10000(1+\frac{0.11}{4} )^{60}\\\\A=50922.51361\\\\A\simeq50922.51[/tex]

Answer 2

Answer:

Solution given;

principal [p]=$10000

rate[r]=11%

time[t]= 5 years

we have

compound amount quarterly =P(1+r/400)^4t

=$10000(1+11/400)^4×5=$17204.28431


Related Questions

Identify the volume and surface area of the sphere in terms of π.

The figure shows a sphere. The sphere has a radius of 9 centimeters.

V = 972π cm3; S = 324π cm2
V = 243π cm3; S = 324π cm2
V = 972π cm3; S = 162π cm2
V = 243π cm3; S = 162π cm2

Answers

Answer:

Volume is: 972 and Surface area is 324

Step-by-step explanation:

How to get the volume is 9^3

That is 729

Times 4/3

972.

The surface area is 4 times 9^2

324.

You dont use the pie.

The equation of the trend line is y = -0.36x + 12.6 use the equation to of the trend line to predict the wind chill for a wind speed of 51 mi/h round your answer to the nearest degree. The wind chill at 51 mi/h

Answers

Given:

The equation of the trend line is:

[tex]y=-0.36x+12.6[/tex]

In this equation y represents the wind chill and x represents the wind speed.

To find:

The wind chill at 51 mi/h.

Solution:

We have,

[tex]y=-0.36x+12.6[/tex]

Putting [tex]x=51[/tex], we get

[tex]y=-0.36(51)+12.6[/tex]

[tex]y=-18.36+12.6[/tex]

[tex]y=-5.76[/tex]

Round the answer to the nearest degree.

[tex]y\approx -6^\circ[/tex]

Therefore, the wind chill at wind speed 51 mi/h is -6°.

sam said the absoulute value of 14 is -14. Kai said the absolute value of 14 is 14. Who is correct. Explain

Answers

Answer:

Kai is right.

Step-by-step explanation:

Absolute Value is always positive.

Answer:

Kia is Right.

Step-by-step explanation:

14 always stay positive and when it is like -14, So -14 Is a negative number so just take out the negative sign and you well be all set.

HELP PLEASE
ILL MARK BRAINLIEST

Answers

Answer:

2.3

Step-by-step explanation:

did the math

So, basically the x is 2.3 !

Henri built a lantern in the shape of a square pyramid. He wants to cover the entire pyramid with fabric. How much fabric will he need?

A square pyramid with a base of 4 meters by 4 meters and triangular side heights of 3 meters.

16 meters squared
24 meters squared
36 meters squared
40 meters squared
ITS NOT 24

Answers

The amount of fabric Henri will need is 40 meters squared

The amount of fabric Henri will require is the surface area of the square pyramid.

What is the surface area of the square spyramid?

The surface area of the square pyramid, A = area of square base, A' + area of 4 triangular sides

Area of square base

The area of the square base is A' = L² where L = length of base = 4 m

So, A = L²

= (4 m)²

= 16 m²

Area of triangular side

The area of the triangular side is A" = 1/2Lh where

L = length of base = 4 m and h = height of triangle = 3 m

So, A" = 1/2Lh

= 1/2 × 4 m × 3 m

= 1/2 × 12 m²

= 6 m²

Since there are 4 triangular sides, the area of the sides of the pyramid is

4A" = 4 × 6 m²

= 24 m²

Amount of fabric Henri will need

Since the amount of fabric Henri will need is the surface area of the square pyramid,

So, The surface area of the square pyramid, A = A' + 4A"

= 16 m² + 24 m²

= 40 m²

So, the amount of fabric Henri will need is 40 meters squared

Learn more about surface area of square pyramid here:

https://brainly.com/question/22744289

#SPJ1

10x+24y=200
y=x+3
Pleas help me

Answers

Answer:

The answer should be x=3.76

Step-by-step explanation:

PLS HURRY I ONLY HAVE LIKE 5 MINUTES TO ANSWER THIS

Answers

Answer:

Where is the question???? Lol

Explanation:

Answer:answer what

Step-by-step explanation:

solve for p
p+23.7=41.13

Answers

Answer:

p=17.43

Step-by-step explanation:

To solve this I just subtracted

p=41.13-23.7

which is

p=17.43

I really need help! it’s due soon:)

Answers

Answer:

(5, 5), (7, 2), (3, 2)

Step-by-step explanation:

When reflecting a figure across the y-axis, the x value will be the opposite and the y value will remain the same

reflection across y-axis:

(x, y) ---> (-x, y)

Hope this helps!!

PLEASE HELP! I HAVE MY STAAR TEST TOMORROW!!!!

Answers

Answer:

152

Step-by-step explanation:

blue -- 8 x 2 = 16 x 2 = 32

green -- 8 x 6 = 48 x 2 = 96

red -- 6 x 2 = 12 x 2 = 24

96 + 24 + 32 = 152

A bag contains 5 blue marbles, 8 green marbles, and 11 red marbles. What is the probability of choosing a purple marble?
A. .208
B. .458
C. .667
D. 0

Answers

Answer:

0

Step-by-step explanation:

the bag has nothing purple marbles

Simplify: 2x2 – 1+ 4x2-5

Answers

Answer:

6x^2 - 6

Step-by-step explanation:

Hope this helps!!

find the volume of the cylinder

Answers

Step-by-step explanation:

8 volume

Which of the following are not equivalent? *

1/3 and 5/15
1/4 and 0.25
0.6 and 6%
1/2 and 50%

Best answer get brainliest. 5 stars and a heart

Answers

1/3 and 5/15 that’s the answer
0.6 and 6% are not equivalent.

To turn a decimal into a percentage you move the decimal place two places to the right. By doing this you can see that 0.6 = 60% and is not equivalent to 6%. I hope this helps!

Please Help me with this question!! I have a time limit

The Garcia family drives 3/4 of the distance to their grandparent's house
in 3/4 hour.

How many hours will it take
to drive to their grandparent's house at the same rate?

a= 1
b=9/16
c=1 and 7/9

Answers

Answer:

a=1

Step-by-step explanation:

because 3/4 hour is 45 minute and it takes 4/4 distance to their grandparents hous ein 4/4 hour so 45÷3=15, 15×4=60 which is 1hour

The Answer is A: 1 hour

Step-by-step explanation:

since they can drive 3/4 the distance in 3/4 hours, they can also drive 1/2 the distance in 1/2 hours and so on. If they want to visit the grandparent's house, they need to drive 4/4 the distance which is equivalent to 1 so it will take 1 hour for them to go to the house at the same rate.

A Tip From Me To You:

sometimes the question tries to trick you to make you overthink it so don't overthink it, try to just solve it simply.

Have a great day! <3

Which of the following is the solution to the inequality below?
-3/2(x-1/3)> -5x

A. x> -3/35
B. x>2/21
C. x< 2/21
D. x< -3/35

Answers

Answer:1/3

Step-by-step explanation:

Rearrange the equation by subtracting what is to the right of the greater than sign from both sides of the inequality :

                    3/2*(x-1/3)-(-5*x)>0  

Step by step solution :

STEP

1

:

           1

Simplify   —

           3

Equation at the end of step

1

:

  3         1      

 (— • (x -  —)) -  -5x  > 0  

  2         3      

STEP

2

:

Rewriting the whole as an Equivalent Fraction

2.1   Subtracting a fraction from a whole

Rewrite the whole as a fraction using  3  as the denominator :

         x     x • 3

    x =  —  =  —————

         1       3  

Equivalent fraction : The fraction thus generated looks different but has the same value as the whole

Common denominator : The equivalent fraction and the other fraction involved in the calculation share the same denominator

Adding fractions that have a common denominator :

2.2       Adding up the two equivalent fractions

Add the two equivalent fractions which now have a common denominator

Combine the numerators together, put the sum or difference over the common denominator then reduce to lowest terms if possible:

x • 3 - (1)     3x - 1

———————————  =  ——————

     3            3    

Equation at the end of step

2

:

  3   (3x - 1)      

 (— • ————————) -  -5x  > 0  

  2      3          

STEP

3

:

           3

Simplify   —

           2

Equation at the end of step

3

:

  3   (3x - 1)      

 (— • ————————) -  -5x  > 0  

  2      3          

STEP

4

:

Equation at the end of step

4

:

 (3x - 1)    

 ———————— -  -5x  > 0  

    2        

STEP

5

:

Rewriting the whole as an Equivalent Fraction :

5.1   Subtracting a whole from a fraction

Rewrite the whole as a fraction using  2  as the denominator :

          -5x     -5x • 2

   -5x =  ———  =  ———————

           1         2    

Adding fractions that have a common denominator :

5.2       Adding up the two equivalent fractions

(3x-1) - (-5x • 2)     13x - 1

——————————————————  =  ———————

        2                 2    

The equation at the end of step

5

:

 13x - 1

 ———————  > 0  

    2    

STEP

6

:

6.1    Multiply both sides by  2  

6.2    Divide both sides by  13  

     x-(1/13)  > 0

Solve Basic Inequality :

6.3      Add  1/13  to both sides

            x > 1/13

Please help me this is my end of the year work

Answers

Answer:

Triangle, pentagon, heptagon, and decagon.

Step-by-step explanation:

REMEMBER THIS:

DECAGON: 10 SIDES

HEPTAGON: 7 SIDES

PENTAGON: 5 SIDES

TRIANGLE: 3 SIDES

EXTRA INFO:

HEXAGON: 6 SIDES

QUADRILATERAL: 4 SIDES

OCTAGON: 8 SIDES

NONAGON: 9 SIDES

(2) Find the area of each circle to the nearest tenth

Pls show the work not just give me the answer

Answers

Answer:

38.5 mm^2

Have a nice day!

Step-by-step explanation:

Area = πr^2

Area = π(3.5^2)

Area = π(12.25)

Area = 38.48451...

Area = 38.5

Mallory decided to keep track of how long she watched TV for an entire week. She watched 1 hour and 25 minutes of comedy shows, 45
minutes of drama shows, and 3 hours of action shows.
What was the ratio of number of minutes she watched comedy shows to the total number of minutes she watched TV.
A. 17:36
B. 17:45
C. 17: 60
D. 17 : 62

Answers

Answer A answer A answer A

I want to d!e ahahahahahaha

Answers

Answer:

dont say that-

Step-by-step explanation:

I need some help I will give you brainiest.
A teaspoon of common table salt contains about 2,000 mg of sodium. How many grams of sodium is this?

200 g

2 g

2,000,000 g

20 g

Answers

2 grams because 1000 milligrams = 1 gram

please help me with 7 and 8. If they’re right i’ll give you brainliest.

Answers

Answer:

7,D all real numbers greater than or equal to 0

8,G all real numbers less than or equal to 2

$27 for 4 large pizzas or $32 for 5 large pizzas​

Answers

Answer: 5 large

Step-by-step explanation:

$6.75 per pizza for 4 large pizzas

$6.40 per pizza for 5 large pizzas

HeLP PLEASE OH LORD ITS TIMED 20 POINTS AM I RIGHT??? IF NOT WHATS THE ANSWER

Answers

Answer:

you are correct :D

Step-by-step explanation:

Naim added 30 to the number of fish Connor had in his fish tank for a total of 52 fish in the tank which equation can be used to find the original number of fish Connor had in his tank

Answers

Answer:

30+ X = 52

Step-by-step explanation:

Answer:

x+30=52

or 52-30

Step-by-step explanation:

I know 2nd grade math.

Subtract 30 from 52.

Someone plz help me I suck at doing that

Answers

Answer:

D - 4.6

Step-by-step explanation:

Hope it Helps!

:)

and sorry for the late answer

please answer correctly !!!!! Will mark Brianliest !!!!!!!!!!!!!!

Answers

Answer:

The right answer is

tan D =80/18

Evaluate t-⅓=8 no like please and thanks​

Answers

Answer:

If its t to the power - 1/3 then it is 1/512

Step-by-step explanation:

t^-1/3=8

(1/t) ^1/3 =8

1/t = 8 ^3

t=1/512

Someone please help me

Answers

Answer:

y=x^2 - 1, y=5x^3 + 9, and y=2x(x-3)

Step-by-step explanation:

these equations are either parabolas or a cubic function. These graphs do not have a constant rate of change, proving that Jimmy is incorrect. y=20-4x and y=15 are both straight lines/linear.

Help^^^^^^^^^^^^^^************

Answers

I’m pretty sure that the one you marked is correct

Answer and Step-by-step explanation:

The answer you chose is correct:

D. 2(5w + 5)

This is equivalent to 10w + 10.

This is because the 2 is a factor of 10, so when distributed out of the 10's, we get 5.

#teamtrees #PAW (Plant And Water)

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