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 = $10,000
- Interest Rate = 8% = 0.08
- number 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:
A = $10,404
b. we are to determine the amount of the accumulated capital after 5 years
- i.e. when time (t) = 5 years
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:
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Answer:
Step-by-step explanation:
According to the graph, the function h(x) is the translation of the function f(x) to the right and down.
Compare the coordinates of the vertices to write the formula
- x = 6 - (-6) = 12
- y = 7 - 11 = - 4
The formula is
Answer:
Step-by-step explanation:
variables
proportion
inverse
Answer:
Just <em>x</em>
Step-by-step explanation:
√x times √x equals √x²
√x² = <em>x</em>
Answer:
Percent of Robbery
Percent of Robbery
Step-by-step explanation:
Given that total number of crimes = 21,790,654.
total number of Robbery = 408, 016 and
total number of Burglary = 2,050,992
Now we need to find about what are their percent in crimes rounded to the nearest percent for each two crimes.
So apply the percent formula
Then percent of Robbery
Then percent of Robbery