How much would you have after 4 years if you invested $1250 with a quarterly compounding interest rate of 5%?

Answers

Answer 1

Using compound interest, it is found that you would have $1524.86.

What is compound interest?

The amount of money earned, in compound interest, after t years, is given by:

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

In which:

A(t) is the amount of money after t years. P is the principal(the initial sum of money). r is the interest rate(as a decimal value). n is the number of times that interest is compounded per year. t is the time in years for which the money is invested or borrowed.

In this problem, we have that the values of the parameters are given by: P = 1250, r = 0.05, n = 4, t = 4. Hence:

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

[tex]A(4) = 1250\left(1 + \frac{0.05}{4}\right)^{4 \times 4} = 1524.86[/tex]

Tou would have $1524.86.

More can be learned about compound interest at https://brainly.com/question/25781328


Related Questions

PLEASE HELP ME I CANT GET IT RIGHT

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I believe it should be 216

PLEASE HELP! ASAP!!!!!

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Answer:

A, E, B

Step-by-step explanation:

HELP ME I WILL GIVE BRAINLIEST

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Answer: 42.0

Step-by-step explanation:

Type the correct answer in the box. Use numerals instead of words. If necessary, use / for the fraction bar.
What value of p makes the equation true?

Answers

Answer:

1/8

Step-by-step explanation:

●●○•°°°□□●○○○○○••••

A irrational number less than 0

Answers

Answer:

Minus square root of 2, minus square root of 3, minus pi, minus e, etc. Or, to be a bit more fancy, 1 - pi, 2 - pi, 3 - pi, pi - 4, pi - 5, 2 - e, e - 3, square root of 2 minus 2, etc.

PLEASE, PLEASE LIKE ME AND FOLLOW ME IF YOU LIKE MY ANSWER PLEASE!!!

Hal is going over the credit scores he received from the three major credit bureaus. He Experian score is 711, his Equifax score is 736, and his TransUnion score is 736. What is the mode of Hal’s credit scores? (Round to the nearest whole point, if applicable. ) a. 736 b. 728 c. 723 d. There is no mode in this group.

Answers

The Halls credit score is 2186.

We have given that,he experian score =711

his equifax score =736

his trans union score =736

What is the meaning of Hals score?

Hals credit score = sum of all score.

Hals credit score = sum of all score.

=711+736+736

=2186

Therefore, the Halls credit score is 2186.

To learn more about the credit score visit:

https://brainly.com/question/23024185

Answer:Answer is A

Step-by-step explanation:grandma told me

Which statements accurately describe the triangles? Check all that apply.
The common ratio between the triangles is because
3 ** -3,
The common radio between the langles is 2.5 because -25,
The triangles could be similar
The triangles could not be similar
The ratio of the sidelengths are not consistent
The ratio of the side lengths are consistent

Answers

Answer:

the ratio of the side lengths are consistent

is this right? please tell me :) asap!!

Answers

Answer:

A

Step-by-step explanation:

calculate 20% of $88

[tex]\frac{20}{100}[/tex] × $88 = 0.2 × $88 = $17.60

Last one i promise but i need help

Answers

Answer:

a

Step-by-step explanation:

Convert the following fraction to a decimal 20/16

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Answer:

1.25

Step-by-step explanation:

can someone help me please? I don't understand what I need to do​

Answers

Answer:

You need to find what X= then put the answer in the box to the left

Step-by-step explanation:

please help!!!!!!!11

Answers

Answer:

a = 6 , b = 5

Step-by-step explanation:

using the rule of radicals

[tex]\sqrt{a}[/tex] × [tex]\sqrt{b}[/tex] = [tex]\sqrt{ab}[/tex]

then

[tex]\sqrt{180}[/tex]

= [tex]\sqrt{36(5)}[/tex]

= [tex]\sqrt{36}[/tex] × [tex]\sqrt{5}[/tex]

= 6[tex]\sqrt{5}[/tex]

with a = 6 and b = 5

a=6
b= 5

these are the answers hope they are correct

These graphs show the cost C for ordering n homecoming dance invitations from two doffer Companies

Answers

Do you have a picture of the mathmatic problem?

How much money will
be spent in interest
alone over the course of
the 4% 30-year
mortgage described in
the table?

Answers

Answer:

the answer is 4,800 dollars

Step-by-step explanation:

Interest is amount added for time. In this case, every dollar borrowed will require 1.04 back. This may not seem like much, but it leads to a lot. Multiplying 120,000 by .04, which is 4 % in decimal form, will give you 4,800 dollars.

Hope this helps!

help me with this please

Answers

Answer:

B and C

Step-by-step explanation:

Answer:

-15/-3,-5/-1

Step-by-step explanation:

please mark me as brainlest

what does 13.2 − 1.78 equal

Answers

Answer: it equals 11.42

Step-by-step explanation:

Answer:

11.42

Step-by-step explanation:

Amir is a collector. He currently has 397 rare stamps. Amir wants to double his collection. How many stamps will be in Amir's collection?
stamps

Answers

Answer:

794 stamps in his collection

Step-by-step explanation:

If Amir started out with 397 stamps and doubles his collection, he would have 794.
Take the original amount and multiply it by 2

397(2) =794 stamps

Answer:794

Step-by-step explanation:

397x2=794  

Chris wants to create a rectangular rose garden in his yard. He has 40 meters of garden fencing to go around the garden and he has to use it all. Pick two different ways in which he could construct the garden.

Answers

Answer:

Dimension 1 = 12 x 8

Dimension 2 = 14 x 6

Chris should choose Dimension 1

Step-by-step explanation:

Perimeter of a rectangle = 2 × width + 2 × length

                                         = 2(width + length)

Given:

perimeter = 40m

⇒ 40 = 2(width + length)

⇒ width + length = 20 m

Therefore, possible dimensions:

Dimension 1 = 12 x 8  (as 12 + 8 = 20)Dimension 2 = 14 x 6  (as 14 + 6 = 20)

We need to calculate the area of both choices.  The choice with the greatest area will allow the most vegetables to be planted.

Area of Dimension 1 = 12 x 8 = 96 m²Area of Dimension 2 = 14 x 6 = 84 m²

Therefore, Chris should choose Dimension 1 (12 x 8).

In a class of 25 pupils, if 15 are females. Calculate the ratio of males : total

Answers

Answer:

2:5

Step-by-step explanation:

15 are female. 10 must be male.

Out of 25 pupils, 10 are male, so it's 10:25, or 2:5

alex earned $ 20.40 in three hours what is the unit rate in dollars per hour

Answers

Divide total made by total hours:


20.40 / 3 = $6.80 per hour

Answer:

See below.

Step-by-step explanation:

Divide the amount of money by the time.

20.4/3=6.8

So, alex earned $6.80 per hour.

-hope it helps

pls help! no links

A spy realizes his cover is blown and flees toward his secret
evacuation spot at a speed of 60 mph. Two hours later, a special
agent in a helicopter starts chasing the spy. The special agent travels
the same route at a speed of 90 mph.

What distance does the spy cover in t hours?

Answers

Answer:

60t = y

t; time in hours

60: Speed of the spy fleeing

y: how far he has gone in t hours

Hope this helps!

Please rate and mark brainliest!!

Have a great day!!

Determine the solution to each linear system by using the substitution method
3x+2y=4
2x-y=5

Answers

Answer:

The solution is x = 2

Step-by-step explanation:

i) 3x+2y=4

ii) 2x-y=5

Let's isolate y for the second equation

2x-y=5

2x-5 = y

y = 2x-5

Now use this y and substitute it in the first equation.

3x+2y=4

3x + 2(2x-5) = 4

3x + 4x - 10 = 4

7x / 7 = 14 / 7

x = 2

Fatima uses 6. 2 pints of white paint and blue paint to paint her bedroom walls. 3 5 of this amount is white paint, and the rest is blue paint. How many pints of blue paint did she use to paint her bedroom walls?

Answers

2 5 and 1 5 can go into 10
So 2 5 x 2=4 10
and 1 2x5 =5

please help me with this math! thank you!

Answers

Answer:

Heads or Tails

Step-by-step explanation:

its right there super simple.

help me please if you know it​

Answers

93/150 would be the final answer

find the area of this circle. Use 3.14 as (pie symbol) click the photo to see the circle ! Please help

Answers

Answer: 452.16ft²

Area = πr².
Area = 3.14 × 12²
Area = 3.14 × 144
Area = 452.16ft²

Answer:

Its 452.16

Step-by-step explanation:

Because the formal is  [tex]\pi[/tex]r2

Which is 3.14*12*12=452.16

Donetta is investing $6000 in a stock fund that is offering a constant annual interest of 5%

Answers

make me brainliest to the bones.

An Olympic diver is competing for a medal. His height in feet above the water
can be modeled by the function f(x)= -2(x-5)(x+1), where x is the time in seconds
after he begins the dive. Find how long it takes the diver to reach the water?

Answers

It takes the diver 5 s to reach the water.

Quadratic equations

These are mathematical equations in which the highest power of the unknown is 2 and in factored form are written as f(x) = (x -a)(x - b)

Since the Olympic divers height in feet above the water can be modeled by the function f(x) = -2(x-5)(x+1), where x is the time in seconds after he begins the dive.

The diver reaches the top of the water when f(x) = 0.

So, equating f(x) to zero, we have

f(x) = 0

-2(x-5)(x+1) = 0

Dividing through by -2, we have

(x-5)(x+1) = 0

So, (x - 5) = 0 or (x + 1) = 0

x = 5 or x = -1

Since time cannot be negative, x = 5 s.

So, it takes the diver 5 s to reach the water.

Learn more about quadratic equations here:

https://brainly.com/question/24860429

what is the area of the figure in square units?​

Answers

Answer:

Area of a Rectangle: l x w

2 x 3 = 6

Area of a Triangle:

[tex] \frac{b \times h}{2} [/tex]

The slanted height of the triangle is 2 and the base of the triangle is also 2 so

[tex] \frac{2 \times 2}{2} \\ \\ \frac{4}{2} = 2[/tex]

So to get the area of the figure you add the area of the rectangle plus the area of the triangle.

6+2=8

The area of the figure is 8 units square

What is the domain of the function in this table?
х
2
3
4
5
у
5
8
11
14

Answers

5 lol it’s simple just use the two numbers in the middle or the one number in the middle
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