how much would you have in 4 years if you purchased a $1,000 4-year savings certificate that paid 3ompounded quarterly? (round your answer to the nearest cent.)

Answers

Answer 1

If you purchased a $1,000 4-year savings certificate that paid 3% compounded quarterly, you would have $1,126.84 in 4 years.

To solve this problem, we can use the formula for compound interest:

A = P(1 + r/n)^(nt)

where A is the final amount, P is the principal amount, r is the annual interest rate, n is the number of times the interest is compounded per year, and t is the time in years.

In this case, P = $1,000, r = 3% = 0.03, n = 4 (since interest is compounded quarterly), and t = 4. Plugging these values into the formula, we get:

A = 1000(1 + 0.03/4)^(4*4) = $1,126.84

Therefore, if you purchased a $1,000 4-year savings certificate that paid 3% compounded quarterly, you would have $1,126.84 in 4 years.

Learn more about compounded here:

https://brainly.com/question/29021564

#SPJ11

Related Questions

Farias car is worth 22000. Of the value of the car decreases by 8% what will her car be worth next year?

Answers

Answer:

$17600

Step-by-step explanation:

Find the sum.
3/7+-1/7

Answers

Answer:

2/7

Step-by-step explanation:

set the equation as 3/7-1/7

by adding a negative to a positive you're subtracting

Answer:

2/7

Step-by-step explanation:

adding a negative is the same thing thing as subtracting a positive

3/7 + (-1/7) = 3/7 - 1/7 = 2/7

The cubed root for 50

Answers

Answer:

125000

Step-by-step explanation:

Answer:

125000 is your answer

Step-by-step explanation:

pick me brainliest alex

PLEASE HELP. it is in the attachment

Answers

Answer:

<JKL=123

Step-by-step explanation:

57+57=114

360-114=246

246/2=123

<JKL=123

Answer:

angle JKL=123 degrees

Step-by-step explanation:

since sides of a rhombus are parallel, angle JKL is supplementary to angle KJM (or same side interior) so angle JKL is 180-57=123 degrees

Write 9 x 1 + 3 x 1/10 + 4 x 1/ 1000

Answers

Answer:

Step-by-step explanation:

Which angles in the picture are NOT supplementary?
2 and 3; 1 and 4
1 and 2; 2 and 3
1 and 3; 2 and 4
4 and 1; 3 and 4

Answers

Answer:

1 and 3; 2 and 4

Step-by-step explanation:

Supplementary angles add up to 180 degrees, which is a straight line.

we can see that angles 2 and 3 make the / line, as do 1 and 4

1 and 2 make up the \ line, while, as mentioned above, 2 and 3 make /

4 and 1 is the same as 1 and 4 so they still create / and angles 3 and 4 make the \

You deposit $100 in a savings account. The account earns 11% simple interest per year.
a. What is the interest earned after 10 years?
The interest earned is $
after 10 years.
b. What is the balance after 10 years?
The balance is $
after 10 years.

Answers

Answer:

a. ----> $10b. ----> $110

Step-by-step explanation:

principle ( p ) = $100time ( t ) = 10 years rate ( r ) = 11%simple interest = (p × r × t)÷ 100 = ( $100 × 11 × 10 )÷ 100 = 11000 ÷ 100 = $110

interest = simple interest - principle interest = $110 - $100 = $10

MARK ME AS BRAINLIST

PLZ FOLLOW ME

can you please help me with this problem

Answers

PASS IS INTERCEPTED AT THE GOAL LINE BY MALCOLM BUTLER

Which is the median of this set of data?
18
22 11 21 78 11
A 20.5
B 21
C 18
D) 19.5

Answers

19.5 is the median. u put all the number in order from least to greatest and find which number is in the middle. since two are in the middle u add the two number together then divide by 2 to find the center of those two numbers. so the answer is therefore D

If x is the least common multiple of the set {6, 8, 12} and y is the greatest common factor
of the set {20, 42, 72), what is the value of x/y ?

Answers

Answer:

Step-by-step explanation:

The least common multiple of {6,8,12} is 24. This can be intuitively figured by noting that any multiple of 12 is a multiple of 6 and that 12 is 1.5x larger than 8. That means we only have so multiple 12 by 2 and 8 by 3 for them to be equal. The GCF of {20,42,72} is 2 as the prime factorization of 20 is 2x2x5 and 42 is 2x3x7. That means even without having to check 72 (which is clearly even so 2 is a factor), we know that 2 is the greatest common factor that they could share. So X/Y = 24/2 = 12

You deposit $250 in an account. The account earns $20 simple interest in 4 years. What is the annual interest rate?

Answers

Answer:

5.00

Step-by-step explanation:

20/4 years = 5 per year

NO ONE IS HELPINNGGGG PLZZZZ 30 PTS +brainliest

Answers

Answer:

studyyy that is allll

Step-by-step explanation:

study

Answer:

360°

Step-by-step explanation:

It kind of seems like a trick question, but as far as I'm concerned, it's more or less the same question as the 1st one you answered.

Please help 40 points!!!! What's a Translation of (x+15, y-20). WILL MARK BRAINLIEST FOR RIGHY ANSWER

Answers

Answer:

x= y-15

Step-by-step explanation:

hope it helps

A coin is flipped 10 times and lands on heads 8 times. What is the theoretical probability that the coin will land on tails on the next flip?

20%
80%
50%
100%

Answers

Answer:

pls mark brainlest Even though it landed on heads 8/10 times, ther's still a 50% chance that it will land on tails.

I need help plz and thank you

Answers

Answer:

Step-by-step explanation:

5 tickets is $10
15 tickets is $30
9 tickets is $18

pleaseeee help i need to turn thiis in and i have no idea what it is!!

Answers

Answer: You will need 250 boxes of popcorn to meet your $300 goal.

Step-by-step explanation:

Answer:

5 boxes of popcorn makes 300 usd

Step-by-step explanation:

hallar el color de x en la siguiente figura

Answers

Step-by-step explanation:

[tex]105 (2 \times - (11)[/tex]

A group of 50 students at a day camp got to choose an activity to do. 21
chose to make a craft, 16 chose to play volleyball and 13 chose to go on
a nature walk. What percent chose to make a craft?

Answers

(THIS ANSWER HAS BEEN DELTED FROM THE BRAINLY STAFF)Reason: 5839636 (SPAMING, IN.)Dear user, we are very sorry for what this user has done and said. For help go to Brainly.comquestionconcerns

Brainly.com

2-19-21

You are supposed to place them in the order they are supposed to go in, that's all its asking. Need some help!!

Answers

Answer: the 3 and 2 first then 40 divided by 8 then 8x2 then you can put the rest in whatever order i used pemdas I think it should be correct

Step-by-step explanation:pemdas

The question is up there ☝

Answers

Answer:

Step-by-step explanation:

The parabola is translated down 2 units.

I might be wrong tho.

Which of the following statements is not true?

-3.2 > -4.1
-1.5 = -1.50
-0.6 < 0.3
-3.7 > -3.1

Answers

Answer:

-3.7>-3.1

Step-by-step explanation:

because it's negative and numbers that used to be greater are smaller when their negative

A. Complete the table below by evaluating each expression
with the given value of the variable. Use the back sheet of
this
paper
for your solution.
m = -3
m = 4
1. m - 5
2. 6m- + 8m - 16
3. 10 - 3m?
4. m'+ 4m + 2
5. 8m - 3

Answers

Answer:

1. -8, -1

2. 14, 112

3. -17, -38

4. 17, 82

Step-by-step explanation:

plug in the value of m into the expression. for example, m - 5 where m = -3 would be -3 - 5 = -8

Answer:

1. -8, -1

2. 14, 112

3. -17, -38

4. 17, 82

Step-by-step explanation:

plug in the value of m into the expression. for example, m - 5 where m = -3 would be -3 - 5 = -8

Need help
What is the equation of a line that passes through the point (0, -2) and has a slope of -3?

y = -2
y = -2x - 3
y = -3x - 2
y = -3

Answers

Answer:

y = -3x - 2

Step-by-step explanation:

Since the line passes through the point (0, -2), -2 is the y-intercept

Using the slope-intercept form for a line we have

y = -3x - 2

Write a rule for the linear function in the table.

A.
f(x) = –x + 1

B.
f(x) = x – 1

C.
f(x) = x

D.
ƒ(x) = –x

Answers

Answer:

i keep getting different stuff

Step-by-step explanation:

4 x − 5 + y = 0

x + 6 y = 5

6 x − 3 y =12

3 x + y = 16

6 x − 3 y = 12

3 x + 4 y = − 5

A two digits number is 21 times the difference and 350% of the product of its digit. Find the quotient of the digit of number

Answers

The number is 63, so the quotient is 2.

Two digit numbers divisible by 21:
21, 42, 63, 84

21: 2-1 = 1 * 3.5 = 3.5
3.5*2*1 = 7 but 7 does not equal 21

42: 4-2 = 2 * 3.5 = 7
3.5*4*2 = 28 does not equal 42

63: 6-3 = 3*3.5 = 13.5
3.5*6*3 = 63 :)

Check:
21(6-3)=21(3)= 63 :)
3.5(6)(3) = 21(3) = 63 :)

63: 6/3 = 2

14 = -2s -8
Solve for s

Answers

Answer:

s = -11

Step-by-step explanation:

14 = -2s - 8

22 = -2s

2s = -22

s = -11

14= -2s -8

+8 +8 Add 8 to both sides to isolate -2s

22= -2s

--- ----

-2 -2 Divide -2 by both sides

-11=s This is the answer.

Liz's math test included a survey question asking how many hours students spent studying for the test. The scatter plot below shows the relationship between how many hours students spent studying and their score on the test. A line was fit to the data to model the relationship.

Answers

Complete question :

Liz's math test included a survey question asking how many hours students spent studying for the test. The scatterplot and regression line below show the relationship between how many hours students spent studying and their score on the test.

The fitted line has a slope of 15.

What is the best interpretation of this slope?

Answer:

C.)

The model predicts that the score will increase 15 points for each additional hour of study time.

Step-by-step explanation:

The slope of a regression line represents the rate of change :

From the formula :

Rise / Run = (y2 - y1) / (x2 - x1).

The slope is a Coefficient which shows how much the dependent variable changes per unit change in the independent variable.

Hence, for a slope value of +15, which is positive, meaning an increase ; then the score obtained will increase by 15 per additional unit increase in hour of study.

Answer:

B and 96

Step-by-step explanation:

Khan academy

What graph represents the equationy = 2x – 3?

Answers

Answer:

linear graph

Step-by-step explanation:

because the equation of the line is straight

HELP ME PLEAAAAAAAAAASSSSSSSSE

Answers

Answer:

jwjsjsjwujksikwpqñk1972

Find the geometric mean of the numbers. If necessary, give the answer in simplest radical form.

25 and 29

The geometric mean is

Answers

26.93
Is the decimal form

Other Questions

a spring has a spring constant k 14 8.75 n/m. if the spring is displaced 0.150 m from its equilibrium position, what is the force that the spring exerts? show your work. Under a currency board system:A. inflation rates are maintained at high level.B. countries issue domestic notes at will.C. interest rates remain constant.D. government lacks the ability to set interest rates Let P(AB)= 0.3 and P(AB^c)= 0.15 and and P(A^cB)=0.35P. Compute P(A^cB^c) which of the following most clearly differentiates the sixteenth century from the previous period in world history? throughout the presidential election campaign of 1980, ronald reagans view of the best economic policy to pursue was based on his belief that ____ 1. The sum of the current tax expense or benefit and deferred tax expense or benefit.2. Equal to taxable income times the applicable tax rate.3. The result from the settlement of a liability related to an expense or loss that is deductible for tax purposes subsequent to being recognized in financial income.4. Records the deferred tax consequences attributable to taxable temporary differences.5. Differences between the tax basis of an asset or liability and its reported amount in the financial statements that will result in taxable or deductible amounts in future years.6. Records the deferred tax consequences attributable to deductible temporary differences and carryforwards.7. The result from the recovery of an asset related to a revenue or gain that is taxable subsequent to being recognized in financial income.8. The net change during the year in an entity's deferred tax liabilities and assets.9. The amount of taxes paid or payable (or refundable) for the year as determined by applying the enacted tax law to the taxable income or excess of deductions over revenues for that year.OPTIONS:Permanent DifferencesTemporary DifferencesDeferred Tax AssetDeferred Tax LiabilityDeferred Tax Expense or BenefitCurrent Tax LiabilityFuture Taxable AmountCurrent Tax Expense or BenefitIncome Tax Expense or BenefitFuture Deductible Amount mr. all has sally, a student with asd, in his sixth-grade classroom. using social stories and aba components, mr. all taught sally how to introduce herself to her peers in the classroom. sally has repeatedly practiced this skill with her peers. now, mr. all has sally using the same introduction skills with new people in different school settings. what use of aba does this reflect? determine the initial acceleration of the 10-kg smooth collar. the spring has an unstretched length of 1 m. steph curry's free throw rating is approximately 88%. suppose curry completes 15 free throws in a row. what is the probability he completes his next free throw? A flat-bottomed barge loaded with coal has a mass of 4.80 105 kg. The barge is 20.0 m long and 10.0 m wide. It floats in fresh water. What is the depth of the barge below the waterline? determine the general solution of x = (1 1 1 1 ) x Conversion of 2PG to PEP is catalyzed by a/an: O Dehydratase O Phosphorylase O kinase O Isomerase A cycling race is 17 miles long. The cyclists will begin at point S and ride a number of laps around a neighborhood block. After the last lap, the cyclists will sprint 2. 0 miles to the finish line. A rectangle with a width of 0. 75 miles and height of 0. 5 miles. The 2 mile finish comes out of one corner. Using the equation w (1. 5 1) 2 = 17, the races organizer determined the cyclists will need to ride 9 laps before the sprint to the finish. Which explains the error? The equation should be 0. 75 w 0. 5 w 2 = 17, and the cyclists will need to ride 12 laps before the sprint to the finish. The equation should be 2 (0. 75 w 0. 5) 2 = 17, and the cyclists will need to ride 21 laps before the sprint to the finish. The solution should be 6, and the cyclists will need to ride 6 laps before the sprint to the finish. The solution should be 8, and the cyclists will need to ride 8 laps before the sprint to the finish. The CO ligands in the molecule Ni(CO)4 could have two possible geometries a tetrahedral arrangement of carbon monoxides around the central nickel atom, or a square planar geometry in which all of the atoms are in the same plane and all of the C-Ni-C angles are 90. For each geometry, determine the following:(a) What is its point group?(b) Write the reducible representation for the C-O stretching vibrational modes. (Hint: For the square planar form, C2' and sv pass through CO ligands, whereas C2" and sd are between them.)(c) Use the reduction formula to determine the irreducible representations for the C-O stretching vibrational modes.(d) Which of the C-O stretching vibrational modes are allowed in the infrared spectrum, and how many absorptions could potentially be observed?(e) Which modes are allowed in the Raman spectrum, and how many emissions could potentially be observed?For the square planar geometry:(e) Write the reducible representation for all of the atomic motions for Ni(CO)4.(f) Use the reduction formula and the character table to determine the irreducible representations for the vibrational modes only.(g) Which of the vibrational modes are allowed in the infrared spectrum, and how many absorptions could potentially be observed?(h) Which modes are allowed in the Raman spectrum, and how many emissions could potentially be observed?Please help I have no idea how to do this! If preble had purchased 186,000 pounds of materials at $6.80 per pound and used 175,000 pounds in production, what would be the materials quantity variance for march? Which of the following is not a potential problem of using more nuclearenergy?OA. Most nuclear plants can only operate for 30 - 40 years.OB. Cost to build a nuclear plant is very highOC. Spent nuclear fuel is dangerous if handled wrongOD. The cost of nuclear fuel is very low compute the probabilities that there is no birthday collision among t people for t = 10, 25, 40. Find the angle r between the reflected ray and the vertical. Express the angle between the reflected ray and the vertical in terms of and a. a plot of the number of neutrons (n) on the y-axis vs. the number of protons (z) on the x-axis for all stable nuclides gives a curve, called the of , which can be used to predict nuclide stability. Language: HaskellWrite a function countInteriorNodes that returns the number of interior nodes in the given tree.Use the definition and Tree below below:Tree:data Tree1 = Leaf1 Int| Node1 Tree1 Int Tree1Definition:countInteriorNodes :: Tree1 -> Int