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nnaomii
07.09.2021 •
Mathematics
A principal of $5000 is invested in an account paying an annual rate of 7%. Find the amount in the account after 5 years if the account is compounded semiannually, quarterly, and monthly.
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Ответ:
$7,012.76
Step-by-step explanation:
First, convert R as a percent to r as a decimal
r = R/100
r = 7/100
r = 0.07 rate per year,
Then solve the equation for A
A = P(1 + r/n)nt
A = 5,000.00(1 + 0.07/1)(1)(5)
A = 5,000.00(1 + 0.07)(5)
A = $7,012.76
Summary:
The total amount accrued, principal plus interest, with compound interest on a principal of $5,000.00 at a rate of 7% per year compounded 1 times per year over 5 years is $7,012.76.
Ответ:
A.![h(x) = 3^{x+1}](/tpl/images/0618/3929/0c723.png)
Step-by-step explanation:
Stretching means that original function is multiplied by a constant, which is equal to 3 in this case:
The answer is A.