subject
Mathematics, 02.03.2021 19:40 zara76

Brendan puts $2,840.00 into an account to use for school expenses. The account earns 2% interest, compounded quarterly. How much will be in the account after 4 years?
Use the formula A=P(1+r/n)^nt, where A is the balance (final amount), P is the principal (starting amount,
is the interest rate expressed as a decimal, n is the number of times per year that the interest is
compounded, and t is the time in years.
Round your answer to the nearest cent

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 15:50
Do a swot analysis for the business idea you chose in question 2 above. describe at least 2 strengths, 2 weaknesses, 2 opportunities, and 2 threats for that company idea. (1-8 sentences. 4.0 points)
Answers: 1
question
Mathematics, 21.06.2019 16:30
The temperature of chicken soup is 192.7°f. as it cools, the temperature of the soup decreases 2.3°f per minute. what is the temperature in degrees fahrenheit of the soup after 25 minutes? a. 27.3°f b. 57.5°f c. 135.2°f d. 250.2°f
Answers: 1
question
Mathematics, 21.06.2019 21:30
Questions 9-10. use the table of educational expenditures to answer the questions. k-12 education expenditures population indiana $9.97 billion 6.6 million illinois $28.54 billion 12.9 million kentucky $6.58 billion 4.4 million michigan $16.85 billion 9.9 million ohio $20.23 billion 11.6million 9. if the amount of k-12 education expenses in indiana were proportional to those in ohio, what would have been the expected value of k-12 expenditures in indiana? (give the answer in billions rounded to the nearest hundredth) 10. use the value of k-12 education expenditures in michigan as a proportion of the population in michigan to estimate what the value of k-12 education expenses would be in illinois. a) find the expected value of k-12 expenditures in illinois if illinois were proportional to michigan. (give the answer in billions rounded to the nearest hundredth) b) how does this compare to the actual value for k-12 expenditures in illinois? (lower, higher, same? )
Answers: 1
question
Mathematics, 21.06.2019 21:40
The management of a supermarket wants to adopt a new promotional policy of giving a free gift to every customer who spends more than a certain amount per visit at this supermarket. the expectation of the management is that after this promotional policy is advertised, the expenditures for all customers at this supermarket will be normally distributed with a mean of $95 and a standard deviation of $20. if the management wants to give free gifts to at most 10% of the customers, what should the amount be above which a customer would receive a free gift?
Answers: 2
You know the right answer?
Brendan puts $2,840.00 into an account to use for school expenses. The account earns 2% interest, c...
Questions
question
Computers and Technology, 15.12.2020 14:00
question
Biology, 15.12.2020 14:00
question
Mathematics, 15.12.2020 14:00
question
Mathematics, 15.12.2020 14:00
question
Mathematics, 15.12.2020 14:00
question
Mathematics, 15.12.2020 14:00
question
Mathematics, 15.12.2020 14:00
Questions on the website: 13722367