rcetrangolo
22.06.2019 •
Mathematics
Charlene's parents deposit $500 in an account on the day she is born. the account earns a high interest rate of 9.2% compounded quarterly because charlene is not allowed to access the money until her 22nd birthday. how much money will charlene have on her 22nd birthday?
Solved
Show answers
More tips
- S Sport Playing Bowling: Rules and Advice for Novices...
- C Computers and Internet How to Properly Repartition a Hard Drive?...
- A Auto and Moto What Is the Cost of Customs Clearance for a Car in Russia?...
- L Leisure and Entertainment Should You Buy a Ceramic Knife?...
- C Computers and Internet How to easily and quickly disable Firebug in Gmail and Google Docs...
- G Goods and services How to sew a ribbon: Tips for beginners...
- F Food and Cooking How to Make Mayonnaise at Home? Secrets of Homemade Mayonnaise...
- C Computers and Internet Which Phone is Best for Internet Surfing?...
- F Food and Cooking Everything You Need to Know About Pasta...
- C Computers and Internet How to Choose a Monitor?...
Answers on questions: Mathematics
- M Mathematics Please help me with this assignment I ll give brainy thing please don t guess or copy and paste...
- M Mathematics Give me the 3 equations...
- M Mathematics Find the zeros of the functions h (x) = 4x squared +36...
- M Mathematics Which anime is better one piece or naruto...
- M Mathematics PLEASE HELP GOING THROUGH A HARD TIME RIGHT NOW.... How does the average rate of change of the function change across the interval 0 ≤ x ≤ 20? *i ll give brainliest,fivestars,and...
- M Mathematics Solve the inequality 6x-2(x+2) 0...
- M Mathematics Y = x 4+1 Start Over h 10 9 P 3 2 1 -6 6 -9 -8 2 -2 -1 - 8 -10 3 0 10 15 4 -4 5 13 VA -3 - - - -8 -9 10...
- M Mathematics A store sells packages of batteries. The package with the best deal has the highest ratio of number of batteries to total cost. Packages of Batteries Which package offers the...
- M Mathematics An electronics store makes $125 of profit on every DVD player it sells and $100 on every CD player it sells. The store owner wants to make a profit of at least $500 a day selling...
- M Mathematics You can use the boxes more than once....
Ответ:
$3,698.50
Step-by-step explanation:
When making a compound interest rate this means that the interests generated are taken into consideration when creating new interests in the next period, now there are 4 quarterly periods on a year, this means there are 88 periods in the 22 years that the account will grow, you just have to do the math:
Where n is the number of cycles per year and nt is the number of cycles over the years.
We just have to put the values into the formula:
Ответ:
the answer is d
i did the assignment
Step-by-step explanation: