Mrs. Stevens wants to have $18,000 in the bank in 3 years. If she deposits $9500 today at 4% compounded quarterly for 3 years, how much additional money will she need to add after three years to her investment to make her balance $18000? a. $8356.79 c. $7295.16 b. $0 d. $10,704.84

7,295.16

Step-by-step explanation:

A=p(1+i/m)^mn

A=9,500×(1+0.04÷4)^(4×3)

A=10,704.84

The balance she needs

18,000−10,704.84

=7,295.16

answer: given that the roller coaster can accommodate 1600 riders per hour, thus the roller coaster can accomodate 1600 / 60 = 26.67 riders per minute.

given that there are 345 people in the line, the number of minutes it will take for the 345 persons to get into the roller coaster is given by 345 / 26.67 = 12.94 minutes.

therefore, it will take you 12.94 minutes to get to the front of the line.

step-by-step explanation:

the line of