If $2,500 is deposited into a new account that earns 2% interest compounded quarterly and there are no other deposits or withdrawals, how much interest is earned after 15 years?

Answers

Answer 1

Answer:

The amount is $3372.13 and the interest is $872.13

Step-by-step explanation:

Answer 2

Interest is the monetary charge for the privilege of borrowing money.If $2,500 is deposited into a new account that earns 2% interest compounded quarterly and there are no other deposits or withdrawals,

then  864.671 is the interest earned after 15 years.

What is Interest?

Interest is the monetary charge for the privilege of borrowing money.

Given that  $2,500 is deposited into a new account that earns 2% interest compounded quarterly and there are no other deposits or withdrawals, We need to find how much interest is earned after 15 years.

After 15 years,

Amount=2500×(1+2%)^15

=3364.671

The formula for interest is given below,

Interest=Amount-Capital

=3364.671-2500

=864.671

Hence 864.671 is the interest earned after 15 years for $2,500 is deposited with 2% interest compounded quarterly and there are no other deposits or withdrawals.

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Related Questions

Simplify. 2√6−4√24+√96What is the greatest common factor of 12xy^5+60x^4y^2−24x^3y^3?

Answers

Answer:

greatest common factor is 12xy² .

Step-by-step explanation:

a=6
b=9
c=
the measure of c is?

Answers

The measure of c is 10.8
a^2+ b^2= c^2
So 6^2+ 9^2 = c^2
36+ 81 = c^2
117=c^2
c=10.8

Not sure if you’re supposed to be using the Pythagorean theorem or not though.

To ride a horse at the state fair costs two dollars per minute. Paula buys a 16 minute ride. Next time he plans to write 25% longer. How much will he pay

Answers

Answer:

$40

because it is lol ya know smart

3a - 5 is an example of an? Expression or equation

Answers

3a-5 is an example of expression

⅔n = 10
pls help me again

Answers

21.4588336899833357889
About 21.5 sorry if it’s wrong

The area of the cirle is: | I
10 in

Answers

Answer:

Step-by-step explanation:

diameter = 10 in

radius = 5 in

area = π5² = 25π ≅ 78.5 in²

The principal is 2200.00 and the rate of interest is 7% what is the final account balance after two years

Answers

Answer:

2508

Step-by-step explanation:

We are given that

Principal ,P=2200

Rate of interest, r=7%

Time, t=2 year

We have to find the final account balance after two years.

[tex]S.I=\frac{P\times r\times t}{100}[/tex]

Using the formula

[tex]S.I=\frac{2200\times 7\times 2}{100}=308[/tex]

Amount=P+S.I

Amount=2200+308

Amount=2508

Hence,  the final account balance after two years=2508

Milly wants to buy this seated Elliptical for 169.99 (regularly 250.00)
What's the discount? What will be the total price afterwards?

Answers

169.99 / 250 = 0.68 or 68%

100 - 68 = 32% discount

Not sure what asking with total price, because tax varies by state.

The ocean is never moving ? is it Ture or false

Answers

Answer:

This statement is false because there are waves and currents which changes because of the moon

Step-by-step explanation:

PLEASEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE HELP ME WILL GIVE BRAILIST

Answers

Answer:

a) 24[tex]ft^2[/tex]

b) 52ft

Step-by-step explanation:

a)

This question asks to find the capacity of the container. This is essentially asking what the volume of the container is. This can be done by multiplying the length by the width by the height.

4 * 2 * 3

= 24

b)

This question is asking how much material was used to make the prism. This is essentially asking what the surface area of the prism is. This can be found by finding the area of all the sides of the prism and then adding it up. Since it is a rectangular prism, opposite faces are congruent, hence one only has to find the area of three faces, add it up, then multiply it by two to find the answer.

2 ( 4 * 2 ) + 2 ( 3 * 4 ) + 2 ( 2 * 3 )

= 2(8) + 2(12) + 2(6)

= 16 + 24 + 12

= 52

4
Jared has a collection of 90 movies on DVD. If
46 of the movies are comedies, 26 are drama,
and the rest are science fiction, what percent of
the movies are science fiction?
A) 18
B) 20
C) 28
D) 32

Answers

20%

46 + 26 = 72
90 - 72 = 18

18/90 x 100 = 20

Given the equation: x + 8 = 32

True or False:

The solution to this equation is 40.

Group of answer choices

True

False

Answers

Answer:

false

Step-by-step explanation:

hope this helps!

Answer:

this equation is false because

Step-by-step explanation:

the equation is x + 8 = 32

if we put x = 40 then we get 40 + 8 = 48

therefore equation is false.

find the area of a square plot of side 12 cm​

Answers

Answer:

area of a square

= side × side

= 12 × 12

=144cm^2

since it’s a square you do 12X12 which is 144

Find the total surface area of this cone, leaving your answer in terms of pi

Answers

Answer:

Surface area = 70π cm²

Step-by-step explanation:

Surface area = πr² + πrl

Surface area = (π × 5 × 5) + (π × 5 × 9)

Surface area = (25π) + (45π)

Surface area = 70π cm²

12. The win-loss record for a football team is 15 wins and 9 losses. What percent of their games
did they win?

Answers

Answer:

62.5%

Step-by-step explanation:

if they won 15 and lost 9 games then they played a total of 24 games (15+9).  Then you just divid the number of wins (15) by the total number of games they played (24).  SO, 15/24=0.652 or 62.5%

13. (07.05 MC) What is the solution to the equation 5x + 2(x - 4) = 5x + x - 10? (1 point) O​

Answers

Answer:

x = -2

Step-by-step explanation:

5x + 2(x - 4) = 5x + x - 10

First, we need to to multiply out the parathesis in the equation:

5x + 2(x - 4) = 5x + x - 10

5x + 2x - 8 = 5x + x - 10

Next, we can combine "like terms" to simplify the equation further:

5x + 2x - 8 = 5x + x - 10

7x - 8 = 6x - 10

Now we can isolate the variable "x" to one side:

7x - 8 = 6x - 10

x - 8 = -10

x = -2

To check our work, we can replace x with -2 in our original equation:

5x + 2(x - 4) = 5x + x - 10

5(-2) + 2 (-2 - 4) = 5(-2) + -2 - 10

-10 + 2 (-6) = -10 -2 - 10

-22 = -22

I hope this helps!

-TheBusinessMan

Triangle ABC is shown below.
What is the cosine of angle B?

Answers

I think it’s b ?bbbbb

The cosine of angle ∠B will be 3 / 5. Then the correct option is C.

What is trigonometry?

The connection between the lengths and angles of a triangular shape is the subject of trigonometry.

The cosine of the angle θ is the ratio of the side adjacent to the angle and the longest length of the triangle which is the hypotenuse.

cos θ = base / hypotenuse

Triangle ABC is shown below. The side BC is base which is equal to 3. And the side AB is hypotenuse which is equal to 5.

Then the cosine of the angle ∠B will be given as,

cos θ = base / hypotenuse

cos B = 3 / 5

The cosine of angle ∠B will be 3 / 5. Then the correct option is C.

More about the trigonometry link is given below.

https://brainly.com/question/22698523

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Can someone please help me with 13-16 it’s urgent I’m begging

Answers

Answer:

13.

100(256+347)=?

14.

100(64-36)=?

15.

Distributive and associative

example:

5( 2 + 3 ) + 4 =

16.

B

Step-by-step explanation:

W Explain how you know that 88 is a solution to the equation x = 11 by completing the sentence below. "88 is a solution to x = 11 because...'​

Answers

Answer:

88 is a solution to 1/8 x = 11 because 1/8(88) = 11

Which of the following are accurate factors of 4x2 + 5.0 – 21 when multiplied together? Select the two correct answers.
(2 points)
(40 - 7)
0 (x + 2)
(52 -3)
0 (+3)

Answers

Answer:

First and last

Step-by-step explanation:

(4x - 7) (x + 3)

FOIL

4x^2 + 5x - 21

y=−2x+1
x−3y=11 find the solution using elimination.

Answers

Answer:

Step-by-step explanation:

Using first equation in the second gives you

x-3(-2x+1)=11

x+6x-3=11

7x-3=11

7x=14

x=2, making y=-2x+1 become

y=-2(2)+1

y=-4+1

y=-3 so the solution is the point

(2,-3)

3(x-5)=6 What is the answer?​

Answers

Step-by-step explanation:

3(x - 5) = 6

x - 5 = 2 (divide 3 on both sides)

x = 7 (add 5 on both sides)

The solution is x = 7.

3(x-5)=6

multiply 3 by x and -5

3x-15=6

add 15 on each side

it cancels out on the left nd on the right u get 21

so it would be

3x=21

divide by 3 on each side

X=7

Check:

3(7-5)=6

3(2)=6

6=6


Oliver sets out 5 one-gallon buckets to collect rainwater. After a storm, of each bucket
is filled with water. Oliver wants to know how many total gallons of water he collects.
Which addition expression can you use to find how many
total gallons of water Oliver collects?

Answers

1. He collected 5 gallons of water.

2. We find this out by knowing 5 = 5.

Hope it helps! Good luck! :D

which graph represents the inequality x > 15

Answers

Answer:

Step-by-step explanation:

Answer:

c

Step-by-step explanation:

Find the pattern and use it to list the next two terms in the sequence.
-3,6,-28,72,-360,2160, ___ ,___

Answers

Answer:

Step-by-step explanation:

a₁ = -3 = (-1)¹×3

a₂ = 6 = (-1)²×2×3

a₃ = -28 = (-1)³×2²×7

a₄ = 72 = (-1)⁴×2³×3²

a₅ = -360 = (-1)⁵×2³×3²×5

a₆ = 2160 = (-1)⁶×2⁴×3³×5

That's as far as I got. I can predict that a₇ is a multiple of -32 and a₈ is a multiple of 64, but I don't see the pattern with the other factors.

can someone help me on this ??

Answers

For the first one it is 1 whole

can someone please help because if I don't get my work don then I'm gonna get in trouble :(

Answers

1.) 4°C, -3°C, 5.5°C, -1.5°C
2.) Thermostat 3
3.) Thermostat 2
4.) It is colder because the coldest is -3°C

Factorise fully 18j + 30jk

Answers

Answer:


6j (3+5k)



I hope you like my answer

Answer:

6j(5k+3)

Step-by-step explanation:

18j+30jk

Factor out 6.

6(3j+5jk)

Consider 3j+5jk. Factor out j.

j(3+5k)

Rewrite the complete factored expression.

6j(5k+3)

Prove: An odd times an odd equals an odd.

Answers

Answer:

4mn+2m+2n+1

Step-by-step explanation:

Hope I helped!

Answer: 4mn+2n+1

2(2mn+m+2)+1

Step-by-step explanation:

Whoever is awake I need help with math points and brainlest

Answers

Answer:

the first one or A. hope this helps.

Step-by-step explanation:

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