a savings account earns 8% interest each year, compounded quarterly (4 times a year). If a person invests $100 and makes no further deposits or withdrawals, what is the balance in the account after 3 years?​

Answers

Answer 1
Answer:  126.82 dollars

===========================================

Work Shown:

The given values are

P = 100 = amount deposited (principal)r = 0.08 = decimal form of the annual interest raten = 4 = compounding frequencyt = 3 = number of years

Which means,

A = P*(1+r/n)^(n*t) .... compound interest formula

A = 100*(1+0.08/4)^(4*3) .... plug in given values

A = 126.824179456254 ..... value is approximate

A = 126.82 ...... round to the nearest cent

The balance of the account after three years is $126.82

Answer 2

Answer:

124 dollars

Step-by-step explanation:

.08 times 100 equals 8

eight times three is twenty four

that is the simplest answer. if the question had any further interests it might of been 126 or even 125.97


Related Questions

PLSSSS HELP ASAPPPP simplify the expression:(a b^2)·(-b^4 a^3)^2

Answers

Answer:

I hope this helps

identify and measure six items in the home that are measured in imperial units ​

Answers

Answer:

Step-by-step explanation:

1. a 12 inch ruler

2. a set of measuring spoons (tablespoon, teaspoon ...)

3. a measuring cup that is calculated in pints and quarts not the cup defined by a liter.

4. Though not in the home, an imperial gallon is larger than the American gallon and a liter is smaller than the imperial quart.

5. A cup for a cup of copy is sometimes an imperial cup.

Write an explicit rule for the following sequence: 5, 9, 13, 17, 21.

Your answer:
A. a = 4
a = an-1 + 5

B. a = 5
a = an-1 + 4

C. an = 5n + 1

C. an = 4n + 1

Answers

A = 4 because the numbers are skipping by four so therefore it’s A

There is a leaky faucet in a bathroom, and Joey places a bucket underneath the faucet. After 23 of an hour, 18cup of water has been collected in the bucket. At what rate, in cups per hour, is water leaking from the faucet?

Answers

Answer:3/16

Step-by-step explanation:

You have to divide the fractions and make the answer a reciprocal.

Hope this helps!

I need help I will be very grateful if someone helped me

Answers

Answer:

1/3 is 0.33-0.33 ×0.33= 0.189

Step-by-step explanation:

u know what is one over three then the exponent is 2 so u multiply the number but itself as much as the exponent number is

What is the value of x in this figure?

Answers

Answer:

65

Step-by-step:

You would do 180-48-67= 65

7x-2+4x+5x-10=180


what is the measure of 5x-10

Answers

Answer ::::::::::::::

50

You have $5.85 to buy bananas to make banana bread. A banana costs $0.39. Which inequality represents the number x of bananas you can buy?

Answers

Answer:

The inequality 0.39x ≤ 5.85 represents the number of bananas you can buy.

Step-by-step explanation:

Given that:

Amount of money you have to buy bananas = $5.85

Cost of each banana = $0.39

Number of bananas = x

You cannot spend more than $5.85, therefore, we will use less than or equal to symbol,

Cost of one banana * Number of bananas ≤ Total amount

0.39x ≤ 5.85

Hence,

The inequality 0.39x ≤ 5.85 represents the number of bananas you can buy.

6 times a number x minus 3 is less than 15.

Answers

Answer:

6x - 3 < 15

Step-by-step explanation:

6x - 3 < 15

Hope this helps!!!

Happy holidays!

You’re answer would be 6x - 3 < 15

Help please I’m stuck

Answers

Answer:

x=5

here,

=5×5-5

=25-5

=20

Answer:

0 will be the answer may be not sure

Kyle’s school needs to buy posters for a fundraiser. The school has a budget of $147. Each poster costs $13. About how many posters can his school buy? Solve this problem any way you choose

Answers

Answer:

Eleven. or 11.

Step-by-step explanation: 147 divided by 13 is 11 with a remainder of 4. He would have 4 dollars left over. If he bought 11 posters.

Plz help fast, correct, and answer every question asked!!!! (I will report if answer is stupid!!!)

Answers

Answer:

5'3 and 1'1 is B b A is 4'3 and 1'1

please help me I'm being timed ​

Answers

Answer: 72 grams of tea leaves

Step-by-step explanation:

288/24 = 12

6 leaves per 24 ounces of fluid

12x6=72

let V (T) represent the value of a bank account, and thousands of dollars, T years after the account is open at the bank. Determine whether each statement below is true. Select true or false for each statement.​

Answers

Answer:

True false false

Step-by-step explanation:

It is found that the Statement 1 is true. The Statement 2 is false. The Statement 3 is true.

What is a function?

Function is a type of relation, or rule, that maps one input to specific single output.

Given that V (T) represent the value of a bank account, and thousands of dollars, T years after the account is open at the bank.

The following statements can be considered true or false in the case;

V(0) = 2 means that the value of the bank account when it is opened is; $2000. Thus, it is TRUE

V(5) = 2.2 means that 2.2 years after the bank account is opened, its value is; $5000. Thus, it is FALSE

V(10) – V(5) = 0.4 means that the bank account grows by, $400 between 5 and 10 years after its opening. Thus, it is TRUE

The function takes the form as given below.

V(t) = Value of account.

Hence, The Statement 1 is true.

The Statement 2 is false.

The Statement 3 is true.

Learn more about function here:

https://brainly.com/question/2253924

#SPJ6

I WILL GIVE BRAINILEST AND 5 STAFS IF CORRECT

Use the expression 9(7 + 2x) to answer the following:

Part A: Describe the two factors in this expression. (4 points)

Part B: How many terms are in each factor of this expression? (4 points)

Part C: What is the coefficient of the variable term? (2 points)

Answers

Answer:

Part A: Describe the two factors in this expression. (4 points) The factors are (1) the constant coefficient 9 and (2) the binomial (7+2x).

Part B: How many terms are in each factor of this expression? (4 points) The first factor (multiplicand), 9, has one term. The second factor (multiplicand), (7+2x), has two terms (and is thus called a binomial).

Part C: What is the coefficient of the variable term? (2 points) The only such coefficient is 2.

A group of 12 students is deciding whether to go to the science center of the zoo. Science center tickets are 3 for $36.75 and zoo tickets are 4 for $51.
How much will a group of 12 students save by choosing the science center?

Answers

Answer:

147

Step-by-step explanation:

If they go to the science center it will cost 3 people 36.75 cents so for 12 people it would be 36.75*4=147( I think let me know if I am wrong).

is 4 1/2 an integer
plllllllllzzzzzzzzzzz help

Answers

Answer:

4 1/2 is not an integer.

Step-by-step explanation:

An integer is a number that is not a fraction. however, this number includes the fraction 1/2, which is a fraction. Therefore, it is not an integer.

Hope this helps! :D

Number [tex]4\frac{1}{2}[/tex] is not an integer number. The explanation is given.

What are integers?

Any positive or negative number without fractions or decimal places is known as an integer, often known as a "round number" or "whole number."

Given:

[tex]4\frac{1}{2}[/tex]

Converting mixed fraction to improper fraction,

[tex]4\frac{1}{2}[/tex] = 9/2

An integer, which can comprise both positive and negative integers, including zero, is a number without a decimal or fractional portion.

A fraction that has the numerator higher than or equal to the denominator is said to be an improper fraction.

9/2 is an improper fraction.

Therefore,  [tex]4\frac{1}{2}[/tex] is not an integer number.

To learn more about the integers;

brainly.com/question/1768254

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Can someone please write an equation to model this scenario which relates to the first two questions. I need it ASAP!

Matt works at a job where he makes a base pay of $200 per week and $50 per sale. (Use an x and a y. Y is the total amount he makes and x is the number of sales.)

: )

Answers

Answer:

y = 50x + 200

Step-by-step explanation:

the 200 is the y intercept because it is where his pay starts, so even if Matt doesnt make any sales he will still get 200 that week

the slope (50) is determined because that is what will change

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Anyone know??
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Answers

Answer:

-5/3

Step-by-step explanation:

y2-y1      -5

--------- =  ---

x2-x1 .     3

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Answer:

b=4

Step-by-step explanation:

Answer:

b=-3\13

Step-by-step explanation:

b

Miles has 10 red marbles, 3 blue marbles and 5 green marbles. He randomly chooses a marble out of a bag 150 times. Make a prediction of how many times Miles will pull a green marble
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Answer:

D

Step-by-step explanation:

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Answers

Answer:

25520

Step-by-step explanation:

A package of 6 pairs of insulated gloves costs $31.74. What is the unit price of the pairs of gloves?
The unit price is $
per pair of gloves.

Answers

Answer:

$5.29

Step-by-step explanation:

If a total of 6 gloves are $31.74, you  divide by the number of gloves (6) to get your answer

31.74/6= 5.29

Answer:The answer is $5.29

Step-by-step explanation:All you had to do was divide $31.74 by 6.

help!!! im soo confused

Answers

Answer:

a=169 ft

Step-by-step explanation:

Here you are given the angle 25, and the opposite and hypotenuse values.

Opposite/Hypotenuse: the sin(angle 25)=a/400ft.

We need to solve for a, so lets multiply 400 to the other side:

400(sin25)=a. Plug this into your calculator and you will get the answer: a=169.04 ft

A =169 ft
Explanation
I just awnsered that question

Which statement is true?
3.37 < 3.368
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9.07> 9.008
50.1 < 5.01 ????

Answers

Answer:

number 3

Step-by-step explanation:

9.07 is greater than 9.008

If Marlee rolls the number cube 12 times, how many times would she expect to get a number greater than 4

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Answer:

i think its 6, but tell me is it multiple choice.

Step-by-step explanation:

what is a gross pay ?

Answers

The amount of pay before deductions
This is correct... Net pay is after deductions

For households and individuals, gross income is the sum of all wages, salaries, profits, interest payments, rents, and other forms of earnings, before any deductions or taxes. It is opposed to net income, defined as the gross income minus taxes and other deductions

Guess my number between 1-5 and u will get brainliest

Answers

Answer:

3

Step-by-step explanation:

Answer:

1

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Pleas help me on this

Answers

Answer:

3x

Step-by-step explanation:

x+x+x

=3x

if i am wrong than sorry

I think 3x I’m not completely sure tho!

Can you arrange 25 small squares to make a larger square? Can you arrange
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Answers

Yes for the first one and I think yes for 2nd
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