A $20,000 deposit was placed in a bank paying 5.75% interest compounded quarterly. After 12 months, how much interest was earned.

Answers

Answer 1
Answer: After 1 year, the bank paid (5.75/4) percent, 4 times.

The value of the investment is (20,000) times (1 + 0.0575/4) to the 4th power.

(1 + 0.0575/4) = 1.014375

That number to the 4th power is 1.05875... (rounded)

The interest alone is (20,000) times (0.05875...) =  $1,175.04
Answer 2
Answer: P = 20,000 \n R = 5.75 \n T = 1 \n I = (PRT)/(100) \n = (20000 * 5.75*1)/(100) \n = 115000/100 \n = 1150 $

Related Questions

What percent of 100 is 30?a. 30%b. 333%c. 3.33%d. 0.3%
Can anyone explain how to differentiate this ? (2x^2+3)sin5x
Jeremy is 5 years younger than his older sister. His older sister is 9 years older than his younger sister. The total of their age is 49. Write and solve an equation to find the ages of Jeremy and his sisters. I need help please!
Bridget needs an actor. Actor A is offering her services for an initial $250 in additionto $50 per day. Actor B is offering her services for an initial $200 in addition to $60per day. When will the two actors charge the same amount of money?
If the hypotenuse of a right triangle is 20 cm and one of the legs is 16 cm, how long is the other leg? 2.81224144

4c^2-8c-1=0 complete the square round to nearest hundredth

Answers

move constant to other side
add 1
4c^2-8c=1
divide by 4 to make leading coeficient 1
c^2-2c=1/4
take 1/2 of linear coeficient and square it
-2/2=-1, (-1)^2=1
add that to both sides
c^2-2c+1=1/4+1
factor perfect squaer and add
(c-1)^2=5/4
square root both sides
c-1=+/-(√5)/2
add 1
c=1+/-(√5)/2

c=2.12 or -0.12

At Silver Gym, membership is $25 per month, and personal training sessions are $45 each. At Fit Factor, membership is $85 per month, and personal training sessions are $35 each. In one month, how many personal training sessions would Sarah have to buy to make the total cost at the two gyms equal?

Answers

Answer:

6 training sessions.

Step-by-step explanation:

Let there be x training sessions at both the gyms.

At silver gym,

Total cost = membership + personal training session

= 25+45x ...(1)

At Fit Factor,

Total cost = 85+35x ....(2)

If the total cost at the two gyms equal,

25+45x=85+35x

Taking like terms together,

45x-35x=85-25

10x=60

x = 6

Hence, Sarah must buy 6 training sessions.

Ms. Luna is waterproofing the top of a rectangular wood deck. The width of the deck is 3 m less that the length. The length is 8m. What is the area to be waterproofed?

Answers

If the width of the deck is 3 m less that the length. The length is 8m. then the area to be waterproofed is 40 m²

What is Rectangle?

A rectangle is a quadrilateral with four right angles

The area of Rectangle is length times of width.

Given that Ms. Luna is waterproofing the top of a rectangular wood deck.

The width of the deck is 3 m less that the length.

Width=Length-3

Length=8

Area of rectangle=Length×Width

=Length×(Length-3)

=8×(8-3)

=8×5

=40 m²

Hence, If the width of the deck is 3 m less that the length. The length is 8m. then the area to be waterproofed is 40 m²

To learn more on Rectangle click:

brainly.com/question/20693059

#SPJ2

Answer:

40 m

Step-by-step explanation:

First we have to find the width. the width is 3 less than the length, which is 8... so the width is 5. Area is found by multiplyign length times width to get 40 m.

Find the standard deviation of the data set shown. Round your answer to the nearest tenth.4,5,9,1,2,5

The standard deviation is about_________

Answers

Mark Brainliest Please

Answer:

Answer is gicen in the image attached.

Step-by-step explanation:

Standard deviation (SD) measured the volatility or variability across a set of data. It is the measure of the spread of numbers in a data set from its mean value and can be represented using the sigma symbol (σ). The following algorithmic calculation tool makes it easy to quickly discover the mean, variance & SD of a data set.

For more help check Khan academy video

https://www.khanacademy.org/math/statistics-probability/displaying-describing-data/sample-standard-deviation/v/sample-standard-deviation-and-bias

Answer:

2.6

Step-by-step explanation:

To calculate standard deviation:

(1) Find the mean - 4.33

4 + 5 + 9 + 1 + 2 + 5 = 26     26 / 6 = 4.333... ≈ 4.33

(2) Subtract the mean from each value and square each result

(4 - 4.33)^2 = 0.1089     (5 - 4.33)^2 = 0.4489     (9 - 4.33)^2 = 21.8089

(1 - 4.33)^2 = 11.0889    (2 - 4.33)^2 =  5.4289    (5 - 4.33)^2 = 0.4489

(3) Find a new mean with the new values from the previous step

0.1089 + 0.4489 + 21.8089 + 11.0889 + 5.4289 + 0.4489 = 39.3334

39.3334 / 6 = 6.555566667

(4) Take the square root of the new mean.

\sqrt[]{x6.555566667} =2.560384086

2.560384086 rounded to the nearest tenth is: 2.6

I REALLY NEED HELP PLEASE The measures of three line segments are given in each set Which set of line segments cannot form a triangle? 0 23.2 m, 58.6 m, 72.1 m O 45.2 m, 45.3 m, 45.4 m 0 20.8 m, 34.5 m, 54.2 m 0 12.6 m, 18.1 m, 30.9 m​

Answers

Answer:

The Answer is D

Step-by-step explanation:

    K12

A theater has 675 seats. there are three times as many seats in a row as their are rows

Answers

Answer:

Step-by-step explanation:

let the number of rows=x

seats in each row=3x

so number of seats=x(3x)=3x²

3x²=675

x²=225

x=15

number of rows=15

and seats in each row=15×3=45

Answer: 15 rows with 45 seats each

Step-by-step explanation:

Let x = the number of rows, then 3x= the number of seats in a row.

                                   seats × row= total

                                            3x × x=675

                                                3x²=675

                                                  x²=225

                                                   x=15