Mathematics: Hello! can someone me solve this? its very hard for me.

Hello! can someone me solve this? its very hard

Lenaaa2019

11.01.2022

16990.616 $ you can expect to have in your account after five years.

Step-by-step explanation:

Given that,

Amount invested is principal amount (p) = $ 15000

Annual rate of interest (r) = 2.5% = 0.025

Compounded quarterly (n) = 4

Sum of the amount after 5 years (t)

We know that from compound interest formula,

$\text { Final amount }(\mathrm{A})=P\left(1+\frac{r}{n}\right)^{n t}$

To find the final amount substitute the given values in the above formula,

$\text { Final amount }(\mathrm{A})=15000\left(1+\frac{0.025}{4}\right)^{4 \times 5}$

$\text { Final amount }(\mathrm{A})=15000\left(1+6.25 \times 10^{-3}\right)^{20}$

$\text { Final amount }(\mathrm{A})=15000(1.00625)^{20}$

$\text { Final amount }(\mathrm{A})=15000 \times 1.132707738$

Final amount (A) = 16990.62

The final amount that he can expect is $ 16990.62.

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hoyanna69

10.07.2020

Required value of is .

Step-by-step explanation:

Given functions are,

To find consider,

Thus, using composition of two functions,

Hence the results.

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