If$2500was invested 6 years ago, andtheinterestwascompoundedquar-terly,whatwastheinterestrateifthecurrentvalueis$3425?

Answers

Answer 1

Answer:

The interest rate was 5.24%.

Step-by-step explanation:

You can use the following formula to calculate the interest rate:

i=n*((A/P)^1/nt-1), where:

i= interest rate

n= number of times interest is compounded= 4

A=value of investment= 3425

P= principal= 2500

t=time= 6

Now, you can replace the values on the formula:

i=4*((3425/2500)^1/4*6-1)

i=4*(1.37^1/24-1)

i=4*0.0131

i=0.0524

According to this, the answer is that the interest rate was 5.24%.


Related Questions

Point P'P

P, prime is the image of P(5,-5)P(5,−5)P, left parenthesis, 5, comma, minus, 5, right parenthesis under a translation by 222 units to the left and 555 units up.
What are the coordinates of P'P ?

Answers

Answer:

3,0

Step-by-step explanation:

What is the slope of the line passing through points (2, 1) and (5, 7)?

Answers

Answer:

(3, 6)

Step-by-step explanation:

(x1, y1) and (x2, y2)

x2 - x1, y2 - y1

(x*, x*)

(2, 1) and (5, 7)

5 - 2, 7 - 1

(3, 6)

please give me the answer nothing else

Answers

Answer:

12.5

Step-by-step explanation:

12x6 is 12 + 5 meters = 12.5m


BRAINLY TO WHOEVER HELPS ASAP

Answers

Answer:

l=-5,-2

m=-3,-3

n=-6,-6

Step-by-step explanation:

Justin buys a shirt that costs 24 dollars and a jacket that costs 54 dollars. If sales tax is 7%, what is the total purchase price including tax?

Answers

Answer:

$83.46

Step-by-step explanation:

24 + 54 =78

78 × 7% = 5.46

78 + 5.46 = $83.46

FREE BRAINLIEST TO WHOEVER ANSWERS CORRECT FIRST! A movie company conducts a survey using a representative sample of customers to determine their favorite type of movie. The results are shown below. Based on the survey results, how many customers are expected to prefer drama movies out of 2,500 customers?
Favorite Movie Types



.

Answers

Answer:

320 customers

Step-by-step explanation:

Well the chart given is a huge ratio since its a sample.

you would have this ratio

41:25:43:16

You can add them all up since then you would know how much people have actually be chosen for the survey.

You’d get 125. So 125 is the sample out of 2500 so we can divide to see how much of these “125” samples are in 2500.

You’d get 20.

So there are 20 “125” samples and we’re only focusing on drama which is 16 out of 125. 20*16 would be 320.

41+25+43+16= 125
2500/125 = 20
20 x 16 = 320

Whats the volume of the cone?
use the fórmula V=1/3πr^2h.

Answers

D is correct. you’re welcome.

Everyone at your school has to take one art class, so 115 students take glass blowing, 90 students take cave painting, and 15 students take both. The wisest 120 students take photography for an easy A. How many total students are at your school?​

Answers

There are 340 students at your school.
115 + 90 + 15 + 120 = 340
A=115B=90A [tex]\cap[/tex] B=15

So

AUB=A+B-(A$\cap$ B)AUB=115+90-15AUB=100+90AUB=190

Total students

190+120310

HELP PLEASE AND NO LINKS!!

Answers

Answer: 112

Step-by-step explanation:

educated guess

HELPP PLEASEEEEEE!!!!!

Answers

I don’t see a side unlabeled...

Answer:

B. 6 cm

Step-by-step explanation:

During seventh grade Athletics 34 of the 87 girls are in off season lifting weights what are the what percentage of the girls are not lifting weights?

Answers

Answer: 61% or exactly 60.9%

Step-by-step explanation:

if 34 are lifting weights then 53 (87-34) are not lifting weights and the percentage of 53/87 is 61%

Plz help I’ll give branliest plzzz

Answers

Given:

The two triangles are similar by SSS.

To find:

The value of x.

Solution:

If two triangles are similar to each other by SSS, then the corresponding sides of the triangles are proportional.

It is given that [tex]\Delta ABC\sim \Delta DE F[/tex]. So,

[tex]\dfrac{AB}{DE}=\dfrac{BC}{EF}=\dfrac{AC}{DF}[/tex]

[tex]\dfrac{9}{6}=\dfrac{12}{8}=\dfrac{3(x-1)}{x+1}[/tex]

[tex]\dfrac{3}{2}=\dfrac{3}{2}=\dfrac{3x-3}{x+1}[/tex]

[tex]\dfrac{3}{2}=\dfrac{3x-3}{x+1}[/tex]

On cross multiplication, we get

[tex]3(x+1)=2(3x-3)[/tex]

[tex]3x+3=6x-6[/tex]

[tex]3x-6x=-3-6[/tex]

[tex]-3x=-9[/tex]

Divide both sides by -3.

[tex]x=3[/tex]

Therefore, the value of x is 3.

the sum of a number x and 5, all divided by 3

Answers

Answer:x+5/3

Step-by-step explanation:

how do you simplify 4√6 times 5√2

Answers

Answer:

Your answer is 40√3.

How do you write in slope intercept with only the rate of change and one point. Like rate of change is -5 and the point is (3,0)

Answers

Answer:

A linear equation in the slope-intercept form is written as:

y = a*x + b

Where a is the slope and b is the y-intercept.

Now, we know that the rate of change (the slope) is -5

Then we just replace a by -5

y = -5*x + b

Now we also know that this line passes through a point, and the point is (3, 0)

This means that the point (3, 0) is a solution for the line equation, so when x = 3, we also have y = 0.

Replacing these values in our equation we get:

0 = -5*3 + b

0 = -15 + b

15 = b

Now we know the value of b, so we can replace it in the line equation to get:

y = -5*a + 15

Which is the complete equation of the line.

Please help? Is this correct i need tight now poease

Answers

Answer:

Yes

Step-by-step explanation:

Your answer is correct :) good job and keep it up!

The radius of a circle is 11 in. Find its circumference in terms of \piπ.

Answer: C=

Answers

Answer:

C = 22cm

Step-by-step explanation:

If the radius equals to 11, then the diameter is 22 since the diameter is double of radius. They told us to use π, so the answer is 22π.

i dont understand any of this please help :(

Event A: Rolling a number less than 4 on a number cube Event B: Flipping heads on a coin toss What is the probability of A, the probability of B, and the probability of both A and B?

P(A) =

P(B) =

P(A and B) =​

Answers

Answer:

first one is 1/2

the next one is 1/2

the last one is 1/4

Step-by-step explanation:

i just did it

The probability of A will be P(A) = 1/2. The probability of B will be P(B) = 1/2. The probability of A and B will be P(A and B) =  1/4

What is the probability?

Probability refers to a possibility that deals with the occurrence of random events.

The probability of all the events occurring need to be 1.

The formula of probability is defined as the ratio of a number of favorable outcomes to the total number of outcomes.

P(E) = Number of favorable outcomes / total number of outcomes

Event A: Rolling a number less than 4 on a number cube.

Event B: Flipping heads on a coin toss

We need to find the probability of A, the probability of B, and the probability of both A and B.

The probability of A will be

P(A) = 1/2

The probability of B will be

P(B) = 1/2

The probability of A and B will be

P(A and B) = 1/2 x 1/2

P(A and B) =  1/4

Learn more about probability here;

https://brainly.com/question/11234923

#SPJ2

PLSSS HELPPPP I WILLL GIVE YOU BRAINLIEST!!!!!! PLSSS HELPPPP I WILLL GIVE YOU BRAINLIEST!!!!!! PLSSS HELPPPP I WILLL GIVE YOU BRAINLIEST!!!!!! PLSSS HELPPPP I WILLL GIVE YOU BRAINLIEST!!!!!!PLSSS HELPPPP I WILLL GIVE YOU BRAINLIEST!!!!!! PLSSS HELPPPP I WILLL GIVE YOU BRAINLIEST!!!!!! PLSSS HELPPPP I WILLL GIVE YOU BRAINLIEST!!!!!!

Answers

Answer:

The value of x is 4, and the measure of the four angles are 100°, 80°, 100°, 80°.

Step-by-step explanation:

There is a rule that states the following: when two lines intersect, the verticle/opposite angles formed will have the same degree measure. Using this rule, we can infer that [tex]30x-20=10x+60[/tex]. To solve for x, isolate the variable all on one side of the equation. [tex]30x-10x = 60 + 20[/tex] ⇒ [tex]20x = 80[/tex] ⇒ [tex]x=4[/tex]. Since we now know the value of x, you can use that to figure out a pair of verticle angles, apply the value of x to any equation and you'll get that two of the four angles are all 100°. Since the rotation of a full circle is 360°, you can get that the sum of the remaining two angles is 360° - 100° * 2 = 360° - 200° = 160°. Because we know the remaining pair of verticle angles are equal, we can get that each of the remaining angles is equal to [tex]\frac{160}{2}[/tex] or 80°, so the measure of all four angles are 100°, 80°, 100°, 80°.

What's the area of this figure

Answers

Answer:

137.6 un^2

Step-by-step explanation:

A = b * h

A = 16 * 8.6

A = 137.6

Hope this helps :)

Answer:

Area = 137.6 units

Step-by-step explanation:

The equation for the area of a parallelogram is A = bh, where b = the base and h = the height. On this parallelogram, the base is 16 and the height is 8.6. Their product is 137.6.

At Nivea's Newsstand, 6 magazines cost $18.00. How many magazines could you buy with $9.00?

Answers

Answer:

3 magazines

Step-by-step explanation:

We will use ratios for this equation:

[tex]\frac{6}{18} =\frac{x}{9} \\\\18x=54\\x=3[/tex]

The number magazines you can buy with $9.00 is 3.

What is the unitary method?

The unitary method is a technique for solving a problem by first finding the value of a single unit, and then finding the necessary value by multiplying the single unit value.

Given that, at Nivea's Newsstand, 6 magazines cost $18.00.

Cost of 1 magazine is 18/6

=$3

Number of magazine with $9 is 9/3

= 3

Therefore, the number magazines you can buy with $9.00 is 3.

To learn more about the unitary method visit:

brainly.com/question/22056199.

#SPJ2

If u have 5 games then went to game stop and bought nba2k21, UFC4, Cyber punk 2027, and Avengers, then go back home and got on your game and then went to the playstation app and bought the same games that you just had got from game stop, how many games would have now?

Answers

Answer:

im lost

Step-by-step explanation:

Answer:

i believe it would be 8

Step-by-step explanation:

hope this helps :)

which expression is equivalent to the expression shown?

Answers

Answer:

the answer is 7^12

Step-by-step explanation:

7^14 ÷ 7^2

14 - 2

12

1: The local street cart sells bacon egg and cheese sandwiches for $2.50,
and soft drinks for $0.75. The street vendor made a total of $933 after
selling a total of 747 sandwiches and soft drinks. (5 points)
HELP QUICK

Answers

Answer:

213 sandwiches

534 soft drinks

Step-by-step explanation:

system of equations, if you want better explanation, hmu in the comments.

What number is missing to make the following statement true 8 11/15= 7 ?/15

Answers

Answer:

7 26/15

Step-by-step explanation:

all you have to do is add 15 to the 11.



Find a linear equation of the line with a slope 3 passing through the point
(-9,7).

Answers

-9=3*7+b
b=-9-21=-30

Equation: y=3x-30

I don’t know if this is correct !!!!!!!!!! Please answer correctly !!!!!!!!!!! Will mark Brianliest !!!!!!!!!!!!!!!!!!!

Answers

Answer:

Yes that is Correct.

Step-by-step explanation:

If all three pairs of corresponding sides are congruent, the triangles are congruent.

Yes you are correct
Hope this helped :)
Brainliest plzz

4) x/5 =2
plz explain

Answers

Step 1: Multiply both sides by 5.

4x = 2
5
(4x) * (5) = (2) * (5)
5

4x = 10

Step 2: Divide both sides by 4.

4x = 10
4 4

Answer:

x = 5
2

Write the point-slope form of an equation of the line through the points (-2, -3) and (-7, 4).
A. y+2=−75(x+3)

B. y−4=−75(x−7)

C. y+3=−75(x+2)

D. y+7=−75(x−4)

Answers

Answer:

458435464546484845kdnh

Answer:

C. y+3=−7/5(x+2)

Step-by-step explanation:

Line is passing through the points (-2, -3) and (-7, 4).

Slope of line = (-3 - 4)/[-2-(-7)]= (-7)/(-2+7) = - 7/5

Equation of line in the point-slope form is given as with point (-2, -3).

y - (-3) = - 7/5[x - (-2)]

y + 3 = - 7/5(x +2)

I need help on this homework

Answers

Answer:

the answer is 16

Step-by-step explanation:

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