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

The combined area of the lots is 8,375 square feet. How many feet wide is Lot Y?

Answer Choices

53 feet
55 feet
120 feet
125 feet

Answers

The answer is 55 feet

Find the missing side lengths.

Can someone please help???

Answers

Answer:

x = 16

y = 13.8

Step-by-step explanation:

Write a proportion comparing the rise to the run for each of the similar slope triangles shown at the right. Then find the numeric value.

Answers

Answer:

AB/CΔ=BC/ΔE   {similar triangles}

[tex]2/4=2/4[/tex]

[tex]1/2=1/2\\[/tex]

so numeric value= 1/2

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

hope it helps....

have a great day!!

Rebecca needs 10 ½ yards of fabric to make a quilt. She has one piece of fabric that is 2 ½ yards and another piece of fabric that is 4 ¼ yards. How many more yards of fabric does Rebecca need to make the quilt

Answers

Answer:

3 3/4

Step-by-step explanation:

I have 40 dollars. If the tickers are 3 for $5 how many tickets do I have?​

Answers

Answer:

You can get 24 tickets

Step-by-step explanation: You do the math

HELP PLEASE!!
ABCD is rotated counterclockwise about the origin. By how many degrees was ABCD rotated?

Answers

ABCD rotated 180 degrees

Answer:

180 degrees

Step-by-step explanation:

12
у
8
Value of y in the triangle

Answers

6

(hope this helped) branliest will be appreciated as well

it takes 61 pounds of seed to completely plant an 11- acre field. how many pounds of seed are needed per acre

Answers

5.55 (rounded to two decimal places)
Explain: 61 divided by 11 = 5.5454545

Jacob has a rectangular garden with an area of 56 square feet.The length of the garden is 8 feet.What is the width if the garden?

Answers

Answer:

The width of the garden is 7 feet.

Step-by-step explanation:

If the area is 56 feet, and the length is 8 feet, we can put this into the area equation.

Area = width * length

A = wl

Substitute variables.

56 = 8w

Divide by 8.

7 = w, or w = 7.

The width of the garden is 7 feet.

Hurry Please!!!!!
When a rectangle is cut diagonally, two congruent right triangles are formed. Which expression shows how to use the area of the rectangle to find the area of one of the right triangles?

Answers

Don’t use his link! It’s a fake website to get you a virus

What is 20% off a 15$ shirt?

12.50
12
10

Answers

Answer:

12

Step-by-step explanation:

15 multiplied by 20% is 3

Subtract 3 from 15 and you get 12

Ted is making a red and yellow quilt with dimensions of 72 in by 90 in is how many square feet of fabric does he need​

Answers

Answer:

https://socratic.org/answers/327824 click on the link

How many seconds are in an hour? is this a statistical question or non-statistical question.

Answers

Answer:

There are 3600 seconds in an hour.

non-statistical

Step-by-step explanation:

Their is 60 minutes in a hour. 1 minute is equally to 60 seconds.

60 * 60 = 3600

Everyone will say the same answer so it is non statistical.

Hope this helps!

PLEASE HELP FAST AND PLEASE DON'T POST A LINK

Your parents are planning to rent you an apartment when you go to college. The annual contract is $535.00/month with a 2-month penalty for breaking the lease. The month-to-month contract is $615.00/month. What is the difference in the amount paid if you leave after 8 months?

Answers

Answer:

The difference in amount = $430

Step-by-step explanation:

1- Annual contract:

The annual contract means a contract for 12 months. There is a month penalty for breaking the lease.  

This means that, if you left after 8 months, you will have to pay for 10 month.

Total paid = monthly payment * 10

Total paid = 535 * 10 = $5350

2- Month-to-month contract:

You will only paid for the 8 months you stayed,

Total paid = monthly payment * 8

Total paid = 615 * 8 = $4920

3- Getting the difference:

We can note that a month-month contract is a better option if you intend to stay for only 8 months

Difference = 5350 - 4920 = $430

Hope this helps :)

The answer is $430 it’s correct I did and I got it right

Subtract:
60.3 - 4.92 = 0

Answers

Answer:

60.3−4.92=0

Subtract 4.92 from 60.3 to get 55.38.

55.38 = 0

Compare 55.38 or 0.

Answer:55.38=0

Step-by-step explanation:

Look at the question below

Answers

Choice A has a greater COP

:)

What is the value of x in the figure?

Answers

Answer:

34

Step-by-step explanation:

This is because the whole angle is a right angle and equals 90°. You subtract 56 from 90 and get 34. Hope this helped you out!!

Answer:

i am pretty sure 34 (degrees)

Step-by-step explanation:

tell me if this is wrong.

You randomly draw a marble from a bag of marbles that contains 7 blue marbles, 2 green marbles, and I red
marble
NO LINKS!!

Answers

What’s the question?

What is the area for the triangle? Pls help!

Answers

The formula for solving is 1/3 bh

So you base would be 10 and height would be 6.

Area would be 24

Answer:

the area is 24cm squared

Step-by-step explanation:

since this is way easier here are just the rest of the questions. please write them all in slope-intercept form. 11. -3x + 2y = -4 | 12. x + 3y = 9 | 13. 3x - 5y = 20 | 14. 3x - y = 1 | 15. 5x + 4y = 0| good night i hope you guys sleep well!

Answers

11. y=(3/2)x-2

12. y=x+3

13. y=(3/5)x-4

14. y=3x-1

15. y=(5/4)x

im not 100% sure on 14 but the rest of them should b right :)

Who walked the shortest distance on the trail?

Answers

Answer:

charles

Step-by-step explanation:

Solve for x. Round your answer to the nearest tenth (one decimal place).

Answers

Answer:

[tex]\displaystyle x \approx 6.7[/tex]

General Formulas and Concepts:

Pre-Algebra

Order of Operations: BPEMDAS

Brackets Parenthesis Exponents Multiplication Division Addition Subtraction Left to Right  

Equality Properties

Multiplication Property of Equality Division Property of Equality Addition Property of Equality Subtraction Property of Equality

Trigonometry

[Right Triangles Only] SOHCAHTOA[Right Triangles Only] cosθ = adjacent over hypotenuse

Step-by-step explanation:

Step 1: Define

Angle θ = 78°

Adjacent Leg = x

Hypotenuse = 32

Step 2: Solve for x

Substitute in variables [cosine]:                                                                       [tex]\displaystyle cos78^\circ = \frac{x}{32}[/tex][Multiplication Property of Equality] Multiply 32 on both sides:                    [tex]\displaystyle 32cos78^\circ = x[/tex]Rewrite:                                                                                                             [tex]\displaystyle x = 32cos78^\circ[/tex]Evaluate:                                                                                                           [tex]\displaystyle x = 6.65317[/tex]Round:                                                                                                               [tex]\displaystyle x \approx 6.7[/tex]

Find the value or X. Round your answer to the nearest tenth.

Answers

Answer:

x = 9.3

Step-by-step explanation:

tan 25° = x/20

0.4663 = x/20

x = 9.3

In a lab experiment, the decay of a radioactive isotope is being observed. At the beginning of the first day of the experiment the mass of the substance was 1300 grams and mass was decreasing by 6% per day. Determine the mass of the radioactive sample at the beginning of the 8th day of the experiment. Round to the nearest tenth (if necessary).

Answers

The mass of the radioactive sample at the beginning of the 8th day of the experiment a_13=310.7.

In a lab experiment, the decay of a radioactive isotope is being observed.

At the beginning of the first day of the experiment, the mass of the substance was 1300 grams and the mass decreased by 6% per day.

What is the formula of the nth term?

[tex]a_n=a_1r^{n-1}[/tex]

Use the given value in the formula so we get,

[tex]a_{13}=1100(0.9)^{13-1}[/tex]

Simplify the given term

[tex]a_{13}=310.7[/tex]

Therefore, The mass of the radioactive sample at the beginning of the 8th day of the experiment a_13=310.7.

To learn more about the nth term visit:

https://brainly.com/question/7882626

Answer:

389

Step-by-step explanation:


A light bulb consumes 1800 watt-hours per day. How long does it take to consume 8100 watt-hours?

Answers

Answer:

8100/1800 = 4.5 days

Step-by-step explanation:

Write 142 as a fraction or mixed number

Answers

Answer: 142/1

Step-by-step explanation:

Answer:

1.42 or 71/50

Step-by-step explanation:

In order to get the answer just divide.

71÷60=1.42

Answered by the ONE & ONLY #QUEEN herself aka #$$$DRIPPQUEENMO!!

I HOPE THIS HELPED!!!

Six apples and one pear cost $1.07. At the same price, three apples and six pears cost $1.47. An apple costs

Answers

Answer: [tex]\$0.15[/tex]

Step-by-step explanation:

Given

Six apples and one pear cost [tex]\$1.07[/tex]

Also, three apples and six pears costs [tex]\$1.47[/tex]

Suppose [tex]x[/tex] and [tex]y[/tex] be the price of apple and pear. So, we can write the cost as

[tex]\Rightarrow 6x+y=1.07\quad \ldots(i)\\\Rightarrow 3x+6y=1.47\quad \ldots(ii)\\\text{solve (i) and (ii) we get}[/tex]

[tex]x=0.15,\ y=0.17[/tex]

The cost of an apple is [tex]\$0.15[/tex]

y=330(1.06)^x
answer​

Answers

Answer:

349.8^x

Step-by-step explanation:

330*1.06=349.8

Answer:

6% increase

Step-by-step explanation:

The homes family is on a road trip on the first day they drove 3.5 inches on a map the actual distance is 245miles which is the scale of the map

Answers

Answer:

1:70

Step-by-step explanation:

A scale drawing is a reduced form in terms of dimensions of an original image / building / object

the scale drawing is usually reduced at a constant dimension

scale of the drawing = original dimensions / dimensions of the scale drawing

245 / 3.5 = 70

1:70

PLS HELP WITH THIS IMMEDIATELY!!!! i’ll give brainiest if u don’t leave a link

Answers

Answer:

sides: scalene (no sides are the same length)

angle: right (largest angle is 90*)

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