Anya's parents will have $44,440.71 after 6 years if they invested in a bank.
The interest rate given is an annual rate yet will be compounded quarterly. You therefore need to convert the interest rate to a quarterly rate.
= 4% / 4 quarters
= 1% per quarter
Number of periods:
= Number of years x Number of quarters in year
= 6 x 4
= 24 quarters
The amount they will have in their account is:
<em>= Amount x ( 1 + rate) ^ number of periods </em>
= 35,000 x ( 1 + 1%)²⁴
= $44,440.71
In conclusion, they will have $44,440.71 if they invested their money in a bank for 6 years.
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0.05 X 10 = .5 because 5 x 10 is 50, and you add the decimal place.
I hope this helps you!
Answer:
do 6/7-3/4 so your answer is 1 1/7
Step-by-step explanation:
Answer:
(x + y)² =16
Step-by-step explanation:
hello :
(x + y)² = x²+y²+2xy and : x²+y² = 6 xy = 5
(x + y)² = 6+2(5)
(x + y)² =16
Answer:
no
Step-by-step explanation:
if he randomly pulls it out it's still the same number of red cards and also the total number of cards as always
can't change