Mathematics, 22.07.2019 09:30 fmyear12
An investment is advertised as returning 3.1% every 3 months (quarterly), compounded quarterly. if $30,000 is invested, the growth can be modeled by the equation a(t) = 30,000(1.031)^4t. what is the equivalent annual growth rate for this investment (rounded to the nearest hundredth of a percent) and what is it worth (rounded to the nearest thousand dollar) after 15 years? hint: find the value of 1.031^4 on your calculator. 12.99% and $187,000 12.47% and $173,000 7.82% and $187,000 9.37% and $43,000
Answers: 1
Mathematics, 21.06.2019 16:30, dominickstrickland
The spring the owner of a sporting good store decreases the price of winter gloves from $10 to $8 each increases the price of swimming goggles from $8 to $10 without doing the math you think the percent decrease in the price of the gloves the same as the percent increase of the goggles explain why or why not
Answers: 1
Mathematics, 22.06.2019 05:00, gildedav001
Rosa and lisa ade practicing free throws on the basketball court. so far, rosa has made one-and a-half times as many free throws as lisa. what is the unit ratio of rosa's free throws to lisa's free throws?
Answers: 1
An investment is advertised as returning 3.1% every 3 months (quarterly), compounded quarterly. if $...
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