subject
Mathematics, 16.04.2020 01:29 catsRlife3451

A man invests $2000 in an account that pays 6.5% interest per year, compounded quarterly.

(a) Find the amount after 2 years? (Round your answer to the nearest cent.)

$

(b) How long will it take for the investment to triple? (Round your answer to two decimal places.)

yr

ansver
Answers: 2

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 15:30, leeenaaa95
On a architect's drawing of a house, 1 inche representa 1.5
Answers: 1
image
Mathematics, 21.06.2019 16:30, cameronbeaugh
The ratio of men to women working for a company is 4 to 5 . if there are 90 women working for the company, what is the total number of employees?
Answers: 1
image
Mathematics, 21.06.2019 17:00, kianarice55otaivh
During your cycling trip, you and your friends often stayed in hostels. the prices of these are listed below. hostel standard room (price per night) with breakfast (price per night) super sleep hostels £22.45 £28.65 normandy nights £18.55 £25 zzzola hostels £24.50 £30.99 belgian beds £11.20 £18.55 night-time rest days ? £33 what is the range in cost for a single night, including both standard room prices and with breakfast prices?
Answers: 1
image
Mathematics, 21.06.2019 18:00, dlaskey646
The swimming pool is open when the high temperature is higher than 20∘c. lainey tried to swim on monday and thursday (which was 3 days later). the pool was open on monday, but it was closed on thursday. the high temperature was 30∘c on monday, but decreased at a constant rate in the next 3 days. write an inequality to determine the rate of temperature decrease in degrees celsius per day, d, from monday to thursday.
Answers: 1
You know the right answer?
A man invests $2000 in an account that pays 6.5% interest per year, compounded quarterly.

Questions in other subjects: