elenagarcia123
05.03.2021 •
Mathematics
Anthony invested $36,000 in an account paying an interest rate of 5.3% compounded
quarterly. Assuming no deposits or withdrawals are made, how long would it take, to
the nearest year, for the value of the account to reach $51,800?
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Ответ:
3.8 months
Step-by-step explanation:
Question: Anthony invested $36,000 in an account paying an interest rate of 5.3% compounded
quarterly. Assuming no deposits or withdrawals are made, how long would it take, to
the nearest year, for the value of the account to reach $51,800?
First step! What is 5.3% of 36k?
1,908
Second Step! Divide
51,800/1,908= 27.1488469602
Third Step! Round
27.1488469602= 27.1
27.1 weeks.
7 weeks in a month.
12 months in a year.
27.1/7= 3.8
3.8 months
Ответ:
How rich is anthony
Step-by-step explanation:
Ответ:
Step-by-step explanation:
Here is a composite function. m->Function A->Function B->2p+1
Find an expression for m in terms of p. Give your answer in its simplest form.