Ask
your own question, for FREE!
Mathematics
21 Online
OpenStudy (mathsucks321):
Find the balance in the account with the following details. After giving the answer, show the equation that you used to find it. $3,800 principal earning 7%, compounded quarterly, after 31 years
Still Need Help?
Join the QuestionCove community and study together with friends!
OpenStudy (mathsucks321):
@gunsodo
OpenStudy (gunsodo):
Use formula, Balance = 3800(1+7/400)^124
OpenStudy (gunsodo):
7/400 comes from 7/100 but divided to each quarter of the year
OpenStudy (mathsucks321):
124??
OpenStudy (gunsodo):
124, from 31 years, but each 4 times
Still Need Help?
Join the QuestionCove community and study together with friends!
OpenStudy (gunsodo):
So 31 * 4 = 124
OpenStudy (mathsucks321):
ahh ok
OpenStudy (gunsodo):
Sure, byee
OpenStudy (mathsucks321):
I got 32662.649900872
Can't find your answer?
Make a FREE account and ask your own questions, OR help others and earn volunteer hours!
Join our real-time social learning platform and learn together with your friends!
Join our real-time social learning platform and learn together with your friends!
Latest Questions
lovelove1700:
u00bfA quu00e9 hora es tu clase?Fill in the blanks Activity unlimited attempts left Completa.
glomore600:
find someone says that that one person your talking to doesn't really like you should I take their advice and leave or should I ask the person i'm talking t
Addif9911:
Him I dimmed the light that once felt mine, a glow I never meant to lose. I over-read the shadows, let voices crowd the room where only two hearts shouldu20
EdwinJsHispanic:
Poem to my mom who proved my point "You proved my point, I am a failure. but I kinda wish, you were my savior.
Wolfwoods:
The Modern Princess "you spoke so softly to me, held me close when no one else did, loved me in a way no one else dared to.
Wolfwoods:
The Pain Of Waiting "The short story would be that we fell in love, you left and I continued to wait for you.
notmeta:
balance the following equation - alumoinum chlorate --> alumninum chloride + oxyg
lovelove1700:
u00bfA quu00e9 hora es tu clase?Fill in the blanks Activity unlimited attempts left Completa.
6 hours ago
0 Replies
0 Medals
glomore600:
find someone says that that one person your talking to doesn't really like you should I take their advice and leave or should I ask the person i'm talking t
9 hours ago
5 Replies
0 Medals
Addif9911:
Him I dimmed the light that once felt mine, a glow I never meant to lose. I over-read the shadows, let voices crowd the room where only two hearts shouldu20
1 day ago
4 Replies
0 Medals
EdwinJsHispanic:
Poem to my mom who proved my point "You proved my point, I am a failure. but I kinda wish, you were my savior.
2 days ago
6 Replies
2 Medals
Wolfwoods:
The Modern Princess "you spoke so softly to me, held me close when no one else did, loved me in a way no one else dared to.
2 days ago
11 Replies
3 Medals
Wolfwoods:
The Pain Of Waiting "The short story would be that we fell in love, you left and I continued to wait for you.
3 days ago
7 Replies
2 Medals
notmeta:
balance the following equation - alumoinum chlorate --> alumninum chloride + oxyg
3 days ago
4 Replies
1 Medal