1. you invest $10,000 for 5 years at 4% interest. To the nearest cent, find the amount of money in the account after 5 years if:
a) The interest is simple interest.
b) The interest is Compound annually
c) The interest is Compound monthly
d) The interest is compound daily
2. After 20 years, the total amount in an investment earning 3.5% interest compounded quarterly was $16,061.05. To the nearest dollar, how much money was originally invested?
3. After 5 years, the total amount in an investment earning 4% interest compounded daily was $12,213.89. To the nearest dollar, how much money was originally invested?

Answers

Answer 1

Answer:

See explanation

Step-by-step explanation:

1.

a) simple interest = PRT/ 100

I = 10,000 * 4 * 5/100

I =$ 2000

A = $10,000 + $ 2000

A =$ 12,000

b) A = P(1 + r/n)^t*n

Where;

A = amount

P = principal

r = rate per year

n = number of time the interest is compounded in a year

t = time in years

A = 10,000(1 + 0.04)^5/1

A = $ 12,166.5

c) A = P(1 + r/n)^t*n

A = 10,000(1 + 0.04/12)^5*12

A =$ 12,210

d) A = P(1 + r/n)^t*n

A = 10,000(1 + 0.04/365)^5*365

A=$ 12,213.90

2.A = P(1 + r/n)^t*n

$16,061.05 = P( 1 + 0.035/4) ^20*4

$16,061.05 = P (2.0076)

P = $16,061.05/2.0076

P= $8000

3.

A = P(1 + r/n)^t*n

12,213.89 = P(1 + 0.04/365)^5*365

12,213.89 = P(1.221)

P = 12,213.89/1.221

P = $10,003.2


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Answer:

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Step-by-step explanation:

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Answer:

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Step-by-step explanation:

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therefore the answer is 6.

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Step-by-step explanation:

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Step-by-step explanation:

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Answer:

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Answer:

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[tex] \purple{ \tt{ \huge{ \: ✨Answer ✨ \: }}}[/tex]

[tex] \: \: \: \: \: \: \: \: \: \: \: \: \: \: \red{ \boxed{ \boxed{ \huge{ \tt{ \: 900 \: }}}}}[/tex]

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Answer:

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Step-by-step explanation:

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Step-by-step explanation:

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Answers

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Answers

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Step-by-step explanation:

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The attached figure

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I hope im right so so sorry if im not

Step-by-step explanation:

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Step-by-step explanation:

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Answers

Answer:

t = 5.79

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Cˆ=182+2.2A

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Alternative ; Ha:β≠0

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y = bx + c

b =slope Coefficient ; c = intercept

b = 2.2 (from equation given)

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For an athletic competition only those boys who can run 10 kilometers, will be nominated. Johnny managed to run 9941 meters and 5456 centimeters and then he stopped totally exhausted and unable to continue. By how many centimeters did he miss the finish line?

Answers

Answer:

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Step-by-step explanation:

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Answer:

75 is auwsome kid. im a million.

Step-by-step explanation:

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32% of 25 is
I need all the help I can get!

Answers

25x32/100 =8
good luckkk

Answer:

8

Step-by-step explanation:

[tex]\frac{y}{25}= \frac{32}{100}[/tex]

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Regis was competing on a game show, and he ran into a losing streak. First, he bet half of his money on one question and lost it. Then he lost half of his remaining money on another question. Then he lost $300 on another question. Then he lost half of his remaining money on another question. Finally, he got a question right and won $200. At this point, the show ended, and he had $1,200 left. How much did he have before his losing streak began

Answers

Answer:

$9200

Step-by-step explanation:

Given :

Working backwards :

Amount left before last $200 winning = $1200 - $200 = $1000

Amount had before 4th bet loss : $1000 * 2 = $2000

Amount lost on third bet loss = $300

Total amount had before 2nd bet loss = $(2000 + 300) = $2300

Amount had before second loss = 2 * 2300 = $4600

Amount had before first bet loss = $4600 * 2 = $9200

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i'm not for sure but i think it's 960
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