An Investment of $10,000 yields 8% interest compounded quarterly.

What will be the accumulated capital after 6 months?
What will be the accumulated capital after 5 years?

Answers

Answer 1

An Investment of $10,000 yields 8% interest compounded quarterly.  The accumulated capital after 6 months is $10,404. The accumulated capital after 5 years is $14.859.47

From the information given;

The principal amount of investment = $10,000Interest Rate = 8% = 0.08number of times it get compounded = 4

a. we are to determine the amount of the accumulated capital after 6 months.

i.e. when time (t) = 6 months.

Now, using the formula for calculating the amount value of the accumulated capital:

[tex]\mathbf{A = P(1 + \dfrac{r}{n})^{nt}}[/tex]

[tex]\mathbf{A = 10000(1 + \dfrac{0.08\times 1}{4})^{4 \times \frac{1}{2}}}[/tex]

[tex]\mathbf{A = 10000(1.02)^2}}[/tex]

A = $10,404

b. we are to determine the amount of the accumulated capital after 5 years

i.e. when time (t) = 5 years

[tex]\mathbf{A = P(1 + \dfrac{r}{n})^{nt}}[/tex]

[tex]\mathbf{A = 10000(1 + \dfrac{0.08\times 1}{4})^{4 \times 5}}[/tex]

[tex]\mathbf{A = 10000(1.02)^20}}[/tex]

A = $14859.47

Therefore, we can conclude that the accumulated capital after 6 months is $10,404 and the accumulated capital after 5 years is $14859.47

Learn more about compound  interest here:

https://brainly.com/question/14295570?referrer=searchResults


Related Questions

(4) The volume of a cuboid shaped tank is 3600 cm?. Its height, breadth and length are three consecutive perfect squares. Find its length, breadth and height. (Write 3600 as a product of prime factors).​

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Answer:

15×15×16=3600

15×15=225

225×16=3600

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Simple the answer is: n=14

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Your answer is : n=14

What is the 6th multiple of 13?? I have no idea and I’m in set 1 rip

Answers

Answer:

78

Step-by-step explanation:

Write out the 13 times tables: 13, 26, 39, 52, 65, 78, ... 78 is the 6th number.

You can also do 13 × 6 which is 78.

Hope this helps!

Answer:

78

Step-by-step explanation:

Can someone help me.​

Answers

Answer:

see explanation

Step-by-step explanation:

substitute the values of x in the table into g(x)

Using the rule of exponents

[tex]a^{-m}[/tex] = [tex]\frac{1}{a^{m} }[/tex]

g(- 2) = [tex]4^{-2}[/tex] = [tex]\frac{1}{4^{2} }[/tex] = [tex]\frac{1}{16}[/tex]

g(- 1) = [tex]4^{-1}[/tex] = [tex]\frac{1}{4}[/tex]

g(0) = [tex]4^{0}[/tex] = 1

g(1) = [tex]4^{1}[/tex] = 4

g(2) = 4² = 16

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Answers

Answer:

Domain: (- infinity, infinity) Range: (-infinity, infinity)

Step-by-step explanation:

ok. look at the x axis.. the graph goes on forever... now y axis, it continues so both are infinity.

which is greater? -1 17/20 or -1 8/10PLSSS HELP ASAPplsss show work aswell

Answers

-1 17/20 and -1 8/10 can be compared easily if we give them common denominators. If we multiply the second fraction by 2, both fractions will have a denominator of 20.

8 * 2 = 16
10 * 2 = 20
New fraction: 16/20

-1 17/20 vs. - 1 16/20

-1 16/20 (-1 8/10) is greater. (For negative numbers, you can tell which one is greater by determining which one is closest to zero.)

Mya says the value of 6 in 0.006 is 1-10 of the value of 6 in 0.6. Is the correct?

Answers

Answer:

no, it is incorrect it is 1-100 the value

Step-by-step explanation:

0.006×10= 0.06

0.006×100=0.6

B
C
D
A
If mZBAC = 25°, then mZCAD = [?]°
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Answers

25° because they are congruent

I need an answer for this please.​

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Answer:

N0O0O0O0O0O0O0O0O0O0O

Step-by-step explanation:

Round off to the nearest hundredth: 3.6789​

Answers

The answer is 3.68, because in order to round to the nearest hundredth, we look to the digit to the right in the thousandths place. If that digit is less than or equal to 4, then all digits to the right are removed; however, if that digit is 5 or greater, then 1 is added to the digit in the hundredths place.

Therefore, in 3.6789, 7 is in the hundredths place and 8 is in the thousandths place. 8 is greater than 5, so we add 1 to 8, and 1+8 = 9.

As a result, 3.68 is the answer.

PLS HELP ME HELP PLS THANK YOU

Answers

Answer:

1920 cubic centimeters

Step-by-step explanation:

If you recall the formula to find volume, it is V=Bh (Bh stands for area of the base times the height). First, multiply 14, 8, and 10 together, to get 1120, the volume of the first figure. To find the volume of the second figure, do the same: multiply 10, 10, and 8 together to get 800. Finally, add the two volumes together to get the volume of the figure, 1920 cubic centimeters.

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Answer:

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Step-by-step explanation:

(5a-4)(3a-1)
How do I do it?

Answers

Answer:

15a^2 -17a +4

5a x 3a = 15a^2 bc a times a makes it squared.

next, 5a x -1 = -5a

and then -4 x 3a = -12a

-5a -12a (bc they're like terms) = -17a

then, -4 x -1= 4 ( two negs cancel each other out)

I apologize for my mistake the first time

On average, Carson spends about 26% of his allowance each month on candy and soft drinks. When creating a circle graph of what Carson does with his money, which of the following fractions would be the best to represent how much he spends on food?
Estimate the circumference of a circle that has a diameter of 6 ft.

Answers

Answer: 1/4

Given : On average, Carson spends about 26% of his allowance each month on candy and soft drinks.  

To Find : When creating a circle graph of what Carson does with his money, which of the following fractions would be the best to represent how much he spends on food?

If these are your Choices:

A) 1/4

B) 1/3

C) 3/4

D) 1/2

Solution:

To Convert fraction into % multiply by 100  

 

(1/4) * 100 = 25 %

(1/3) * 100  = 33.33 %

(3/4) * 100 = 75 %

(1/2) * 100 = 50 %

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Answers

Answer:

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Answer:

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Step-by-step explanation:

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Answer:

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Step-by-step explanation:

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Answer:

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Step-by-step explanation:

...

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Answers

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Answer:

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Step-by-step explanation:

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Answers

Answer:

(f ∘ g) (3) = 22

Step-by-step explanation:

f( x + 3x - 5; g (x) = x² ∴ g ( 3 ) = 3² = 9

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Step-by-step explanation:

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Answer:

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D
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the equation - G+2=-12?
a) 2
b) 6
C) -6. D) -2

Answers

Step-by-step explanation:

you must have left out important pieces of the equation.

what I can see and therefore solve is

-G + 2 = -12

-G = -14

G = 14

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Answer:

2 is the correct answer

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Answer:

Step-by-step explanation:

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Answer:

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Find the vertex of a quadratic function written in standard form.
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PLS HELP!!

Answers

Answer:

our vertex for f(x) = 3x² + 18x + 32 = (-3, 5 )

Step-by-step explanation:

let me write the standard form of a quadratic equation

[tex]a {x}^{2} + bx + c[/tex]

Now let me rewrite the original equation

[tex]3 {x}^{2} + 18x + 32[/tex]

Now we use this simple formula to find the vertex (h, k)

[tex]x = h = - \frac{b}{2a} \\ = - \frac{18}{2(3)} = - \frac{18}{6} = - 3 \\ h = - 3[/tex]

substitute -3 for x back into our original equation to solve for y our k value of our vertex

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our vertex for f(x) = 3x² + 18x + 32 = (-3, 5 )

ASAP NEED HELP PLEASE 70 points ?!!!!

Answers

Answer:

f(1) = 5

Step-by-step explanation:

Use the given formula and substitute the value of x:

f(x) = 4 + xf(1) = 4 + 1 = 5

f(x)=4+x

f(1)

4+15

Done

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