what is your balance in your account if you deposit $3500 into an account that pays 2.16% interest compounded quarterly for 6 years?

$3982.92

Step-by-step explanation:

Quarterly compounded interest formula: A = P(1 + r/n)^nt

Step 1: Plug in known variables

A = 3500(1 + 0.0216/4)^24

Step 2: Solve

When you plug this into your calc, you should get 3982.92 as your final answer.

(0,-3) see attached graph

step-by-step explanation:

a. to solve the system, graph the two equations.

x = y+3 becomes y=x-3 has m=1/1 and b=-3. start at (0,-3) on the y-axis and plot a point. then move up 1 unit and 1 unit to the right. plot a point and connect.

y=-4x+3 has m =-4/1 and b=-3. start at (0,-3) on the y-axis and plot a point. then move down four units and to the right 1 unit. plot a point and connect.

the solution is the point (x,y) where the two lines intersect. by the graph below it is (0,-3).

b. to solve by substitution, substitute y = -4x-3 into x= y+3

x= (-4x-3) +3

x=-4x

5x=0

x=0

now substitute x = 0 back in to find y.

y= -4(0)-3

y=0-3

y=-3

solution is (0,-3)

c. use elimination by adding the equations together.

x-y=3

4x+y=-3

5x=0

x=0

then substitute into one equation to find y.

y=-4(0)-3

y=-3

y-y1=4(x-x1)

step-by-step explanation:

this is point-slope form since you only have 4 as the slope it goes in place of m

hope this : )