You deposit $100 into a savings account that gives you 5.5% annual interest rate, compounded quarterly. What will be your balance after 4 years?

$124.42.

Step-by-step explanation:

Given data

Principqp= $100

Rate= 5.5%

time=4 years

First, convert R as a percent to r as a decimal

r = R/100

r = 5.5/100

r = 0.055 rate per year,

Then solve the equation for A

A = P(1 + r/n)^nt            // Since we are compounding quarterly

A = 100.00(1 + 0.055/4)(^4)(4)

A = 100.00(1 + 0.01375)^(16)

A = $124.42

Summary:

The total amount accrued, principal plus interest, with compound interest on a principal of $100.00 at a rate of 5.5% per year compounded 4 times per year over 4 years is $124.42.

the ratio of white tiles to blue tiles is 48: 16. the ratio in it's simplest form is 3: 1.

step-by-step explanation:

ratio: take the first number and add a colon next to it, then add the second number after that. make sure the ratio order matches up with the written problem!

simplest form: we can simplify the ratio 48 : 16 by dividing both terms by the greatest common factor (gcf).

the gcf of 48 and 16 is 16.

divide both terms by 16:

48 ÷ 16 = 3

16 ÷ 16 = 1

reducing to simplest form:

48 : 16 = 3 : 1

0.84 dang lotta people are looking for this lol or if you round up its 1 but the overall answer to that is 0.84

step-by-step explanation: