If $500 is invested at 8% annual interest, how much will be in the account after 3 years if it's compounded quarterly?

Answers

Answer 1

Answer:

FV= $634.12

Step-by-step explanation:

Giving the following formula:

Initial investment (PV)= $500

Number of periods (n)= 3*4= 12 quarters

Interest rate (i)= 0.08/4= 0.02

To calculate the future value, we need to use the following formula:

FV= PV* (1 + i)^n

FV= 500*(1.02^12)

FV= $634.12


Related Questions

What is 97 divided by 80257

Answers

0.00120862! Hope this helps.

Can someone pls help me out

Answers

Answer:

option a. similar;AA similarity; triangle plm

x is directly proportional to y. When y = 7, x = 28. Write and equation of x in terms of y. Find x when y = 15.

Answers

Answer:

60

Step-by-step explanation:

28 : 7 : : x : 15

28 / 7 = x / 15

4 = x / 15

x = 4 * 15

x = 60

x = ky— directly proportional

28 = 7k

4 = k

so x = 4y

plug in y and you get x = 4(15) = 60

Therefore, x = 60 when y = 15

convert 11/15 to a repeating decimal

Answers

Answer: 11/15 as a decimal is 0.73333333333333.

Step-by-step explanation:

Hello me please!!! I don't understand this question and it's due tonight!!!!

Зу + 4х = 12

Graph the equation using the x coordinates -2, -1, 0, 1, 2

Answers

Answer:

3y+4x=12

when x is -2

3y+ 4(-2)=12

3y-8=12

3y=20

y=20/3=6.67

when x is -1

3y-4=12

3y=16

y=16/3=5.33

when x is 0

3y-0=12

3y=12

y=4

when x is 1

3y+ 4 =12

3y =8

y=8/3=2.67

when x is 2

3y +8 =12

3y=4

y=4/3=1.33

answer po plss plss plss

Answers

Answer:

[tex]( 3) - ( 4) + ( 18) + (6) - (5)[/tex]

[tex] (3+18+6)+(-4-5)[/tex]

[tex]( 27) + (-9)[/tex]

[tex] 18[/tex]

What is 1/10=4/5y ?????

Answers

Answer:

y = 1/8

Step-by-step explanation:

Divide both sides by 4/5, 1/10 divided by 4/5; 4/5y divided by 4/5. In 4/5y divided by 4/5, the two 4/5s cancels out, leaving y alone. 1/10 divided by 4/5 equals to 1/8. Now you have, 1/8 = y, which is the same thing as y = 1/8. Therefore, the value of y is 1/8.

Answer: 1/8

Step-by-step explanation:

4/5y=1/10

*multiply both sides by 5, and you'll get

4y=1/2

*divide both sides by 4

y=1/8

Write and solve an inequality that represents how many $20 bills you can withdraw from the account without going below the minimum balance.
MInimum Balance-$100.00
Current Balance-$320.00

Answers

Answer:

100.00-20=80

320.00-20=300

Step-by-step explanation:

Find the unit rate. Round to the nearest hundredth, if necessary,
$2.99 for 15 lb
The unit rate is $
Иb.

Answers

Answer:

$0.20/lb

Step-by-step explanation:

2.99/15 = 199333

.20/lb

Sam bought a toy for $400 and sold it at a profit of 10% of the cost price. Calculate the SELLING PRICE of the toy.

Answers

Answer:

10% = 0.1 x 400 = 40

400 - 40 = 360$

Divide
-3 1/3 divide 9

Quick

Answers

Answer:

-0.37 repeating

Step-by-step explanation:

PLS mark Brainliest

BRAINLIST!!! SHOW WORK!!!!!

Lines AB and CD are perpendicular to each other. If 3 measures (5x + 2)°, and 4 measures 13°, what is the value of x?
A.
x = 15
B.
x = 77
C.
x = 2
D.
x = 21

Answers

Answer:

A is the correct option.

Step-by-step explanation:

Since both lines are perpendicular to each other, that means the sum of their angles is equal to 90°.

Then,

(5x + 2) ° + 13° = 90°

5x + 15° = 90°

5x = 75°

x = 15°

Determine the slope of the line given two points (-3 -1) and (5,-5

Answers

Answer:

-1/2

Step-by-step explanation:

y2 - y1 / x2 - x1

-5 - (-1) / 5 - (-3)

-4/8

= -1/2

Can you help me please. ​

Answers

Answer:

can you take a better photo?

Step-by-step explanation:

Full view of the picture please

Can someone help me out???
How could you use the hexagon you constructed to create a 12-sided figure?

Answers

Answer:

to create this figure, connect the three sets of opiate points of the hexagon. Construction angle bisectors for each new angle, creating six new intersections with the circle, for a total of 12 points. Connect the points to make a regular 12-sided polygon.

Step-by-step explanation:

x/3+10=15 pls help me

Answers

the Answer is...:

X=195

Answer: X is 15

Step-by-step explanation:

Multiply both sides with 3

(x/3) + (10 x 3) = 15 x 3

x + 30 = 45

Add - 30 to both sides

x + 30 - 30 = 45 - 30

x = 15

Hope this helps!

state the gradient and the y-axis intercept of
y=3x+7

Answers

Step-by-step explanation:

the slope (or gradient) of a line is the factor of x.

in our case here : 3

it is expressed as ratio y/x and represents the amount of units y changes (and via the sign in what direction), when x changes a certain amount of units (again, via the sign in what direction). like when going from a point 1 to a point 2.

so, here we have 3 = 3/1, and that means, when x changes by 1 unit to the right (positive), y changes 3 units up (positive).

the y-axis intercept is simply the point, where x = 0. clearly, any point with the x coordinate being unequal to 0 cannot be on the y axis.

so, here

y = 3×0 + 7 = 7

=>

the y-axis intercept point is (0, 7).

HELP PLEASEEEE ASAP !

Answers

Answer:

x = 57

Step-by-step explanation:

x and 57 are alternate interior angles and alternate interior angles are equal when the lines are parallel

x = 57

i need answer for this problem​

Answers

Answer:

(Reflect across the line y = x then reflect across the y axis then translate 2 units in left and 5 units

down) that's the answer

Step-by-step explanation:

Hope it helps

[tex]\sf 500+60+70[/tex]

Answers

............... that just 630

please check the picture!!

find the indefinite integral of:

Answers

Answer:

x = 23

Step-by-step explanation:

(3x + 2) to the power of 2(i didnt know how to put that on keybored)

Answers

[tex](3x)^{2} +2*3x*2+2^{2} \\3^{2} x^{2} +2*3x*2*2^{2} \\9x^{2} +2*3x*2+2^{2} \\9x^{2} +2*3x*2+4\\9x^{2} x^{2} +12x+4[/tex]

Matthew is taking a multiple choice test with a total of 40 points available. Each question is worth exactly 2 points. What would be Matthew's test score (out of 40) if he got 9 questions wrong? What would be his score if he got xx questions wrong?

Answers

Answer:

22 points

Step-by-step explanation:

If their are fourty points avaliable and each question is worth two points, then there are a total of twenty questions (20 times 2 is 40). Therefore, if he gets nine questions wrong, he would have gotten 11 right. Because we know that each question is two points, we may just multiply 11 by 2, which means he has gotten a score of 22 points!

find the value of x PLEASE HELP i’m so lost

Answers

x = -5 + 5√3

Step-by-step explanation:

A = ℓ × w

50 = (x + 10) × x

50 = x² + 10x

x² + 10x - 50 = 0

a = 1b = 10c = -50

x = [-b ± √(b² - 4ac)] / 2a

x = [-10 ± √(10² - 4(1)(-50))] / 2(1)

x = [-10 ± √(100 - (-200))]/2

x = [-10 ± √300]/2

x = [-10 ± 10√3]/2

x = [-5 ± 5√3]

because x is a unit of length, it is positive

x = -5 + 5√3

Before Sarah does open her account, she sees her grandmother for the holidays. Grandma wants to contribute to Sarah’s ROTH and even matches her contribution, giving her an additional $500 to invest. Now that Sarah has an initial investment of $1000, how much would Sarah have at age 68 based on her predicted rate of return from historical data

Answers

Answer:

2,9457

Step-by-step explanation:

100+7% = 1.07

(1.07)^50 = 29.45702506

y = 1000(29.46)

y = 29,460

this question is bothering me help

Answers

Answer:

the First, third, and fifth

Step-by-step explanation:

Since one half of 12 is 6, then those three expressions will be the same since they have the same answer

Which benchmark fraction is 6/7 closest to PLZ HELP

Answers

Closer to 1 because it’s nearly a 7/7 which is also known as 1.

Can someone help me do this

Answers

ML is 6 cm because it states both triangles are congruent

Enter an equation in point-slope form for the line.
Slope is -4 and (1,9) is on the line.
The equation of the line in point slope form is:

Answers

Answer:  (y-9) = -4(x-1)

Step-by-step explanation: The format of a point-slope line is y − y1 = m(x − x1), where x1 and y1 are a known point on a line with slope m.  Given slope of -4 and a point of (1,9):

(y − y1) = m(x − x1)

(y − 9) = -4(x − 1)

This can be rearranged to the standard form:  y = -4x+13

what is the ratio of 0.75 decimal​

Answers

The ratio is 3:4, think of it like a fraction .75 as a fraction is 3/4
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