Question

Select all that apply.

Select the formulas that give the amount P in the account after the first period.

A. P= 1.005Po
B. P= 1.02Po
C. P= Po(0.02/4)
D. P=Po(1.02/4)
F. P=Po(1+ 0.02/4)

Answer 1

is there more to this question or no?

Answer 2

no

Answer 3

https://hanwingspanps.owschools.com/media/g_alg02_ccss_2015/9/img_g_alg02u09p26d_2a.gif

this is what one of the equations actually looks like though

Answer 4

theres not enough information given to answer this question

Answer 5

Time period Amount in the account (with rounding)
Initial principal, P 0 1,000
End of the first period 1,000+1,000=0.02/4=1005

Answer 6

that looks like compound interest at 2% paid 4 times in the first year

Answer 7

1,000+1,000+0.02/4=1005

Answer 8

that looks correct

Answer 9

P = Po(1 + 0.02/4)

Answer 10

thats option F

Answer 11

theres another one which applies also
Can you spot it?

Answer 12

there is no option f

Answer 13

the one after D then

Answer 14

the last one
but theres another whwich will give you the same result 1005.

Answer 15

its supposed to be e sorry

Answer 16

probably d

Answer 17

No - my mistake - i thought d but thats not correct.

Answer 18

its just the last one.