You have $1200 to invest in an account and need to have $1900 in one year. What interest rate would you need to have in order to reach this goal if the amount is compounded quarterly? Round your answer to the nearest percent. please help
a. 48.7%
b. 10.5%
c. 8%
d. 44%

Answers

Answer 1

The interest rate that would reach this goal of having $1,900 with the investment of $1,200 compounded quarterly for one year is a) 48.7%.

How is the interest rate determined?

The interest rate is the rate at which the present value of $1,200 needs to be compounded quarterly to yield a $1,900 future value in one year.

The interest rate can be computed using an online finance calculator as follows:

Data and Calculations:

N (# of periods) = 4 quarters

FV = $1,900.05

PV (Present Value) = $1,200

PMT (Periodic Payment) = $0

Results:

I/Y (Interest per year) = 48.7%

Total Interest = $700.05

Thus, the interest rate that would the investor to achieve their goal is a) 48.7%.

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Related Questions

What is the perimeter of the rectangle?
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31 m
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Answer 98
31+31+18+18= 98
answer: 98
31+31+18+18= 98

у + 2х = 7
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I think the correct answer is ( 2, 3 )

Calculate the volume of the cube. s= 3 in.


Help plz I will mark the first answer as brainilist​

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Answer:

27

Step-by-step explanation:

Can someone please please please help me on this
(Number 1 and 2 is in the picture)

3. F(x) = 2^x between x = 1 and x = 3

4. F(x) = 3^x. [1,2]

Answers

Answer:x(3x

2

−1)

2

×3x

3

Step-by-step explanation:

(HELP ILL GIBE BRAINLIEST AND A FREE THANKS) Which expression uses exactly three terms and is equivalent to
6(2 + x + x + y)?


A 12 + 12x + 6y


B 8 + 6x + 6x + 6y


C 12 + 6x + 6x + 6y

Answers

The answer is A it works out in order

The Equivalent Expression is 12 + 12x + 6y.

Therefore, option A is correct.

What is Expression?

In mathematics, an expression is a phrase that has at least two numbers or variables and at least one math operation. Addition, subtraction, multiplication, or division are all examples of math operations. An expression's structure is as follows: (Number/variable, Math Operator, Number/variable) is an expression.

We have the expression: 6(2 + x + x + y)

Using Distributive property

a x ( b + c + d) = ab + ac + ad

So, the simplified expression is

= 6(2 + x + x + y)

= 6(2) + 6(x) + 6(x)+ 6(y)

= 12 + 6x + 6x + 6y

= 12 + 12 x + 6y

So, the Equivalent Expression is 12 + 12x + 6y.

Learn more about expression here:

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What is the factored expression of 56n - 70?

Answers

Answer:

14(4n - 5)

Step-by-step explanation:

The GCF of 56 and 70 is 14

56/14 = 4

70/14 = 5

Place the GCF outside the parenthesis

14(

and keep the n on 56 and put it on 14, = 14n,

14(4n

then keep the subtraction sign and 5 and put it in the parenthesis

14(4n - 5)

i hope that maked sense and helped you! (and could i have brainliest if possible it would really help me!)

Find the interior angle sum and the exterior angle sum of a 15 - gon .

Answers

Answer:

Each triangle has an angle sum of 180 degrees, so the sum of the interior angles of the 15-gon must be 13 × 180 = 2340 degrees

Step-by-step explanation:

Hope this helped :)

5x + 2 = 22 plzzzzzz hellpppp

Answers

Answer:

x=4

Step-by-step explanation:

subtract 2 from both sides---

5x + 2 - 2 = 22 - 2

simplify ---

5x=20

Divide both sides by 5 -----

5x/5 = 20/5

simplify -----

x-4

hope this helps :)

Can someone help me out please?? I don’t understand and this is 7th grade math stuff btw.

Answers

It would be 28-10=x because your ending up with 28 after earning 10 you would get that. Hope this works!

You spin the spinner once.

What is P(greater than 6)?

Answers

Answer:

it would be 25%

there is only one number that is greater than 6

What values of x is f=g, fg? Someone help meeeee plsss and thanks!

Answers

Answer:

f = g is only true with x being 1. f > g is true with all values less than 1, and f < g is true with all values greater than one.

Step-by-step explanation:

The graphs below should explain this.

The first one is with a step of 1/10.

The second is a step of 1/2.

The third is a step of 1.

The last one is a step of 2.

How much fencing woul you need to enclose a circular pond with diameter 12 feet use 3.14 for pi. Choices are in the image. PLEASE HELP​

Answers

Answer:

37.68

Step-by-step explanation:

HELP AND ILL LOBE U FORVEER

Answers

Answer:

A:4

Step-by-step explanation:

(12-4) + -8/2 = 8 + -4 = 4

hoped this helped!

Answer:

A

Step-by-step explanation:

(12-x)+y/2

(12-4)+-8/2

8+-8/2

4

Find the slope of the line that passes through these two points:
(-11, 7) and (-11,-2)

Answers

Answer:

I think that it is 0.9.

Step-by-step explanation:

-11-(-11)=0. Then 7-(-2)=9

If lin runs 21 laps at the same rate, how long does it take her 25.6 minutes How many laps per minute is that? __ laps

Answers

Answer: 0.82 laps per minute

Step-by-step explanation:

Lin is running 21 laps in 25.6 minutes.

To find out her speed in laps per minute, divide the distance she has ran by the time it took her to run it.

= Distance / time

= 21 / 25.6

= 0.82 laps per minute

Which function is best represented by this graph?

Answers

Answer:

D.

Step-by-step explanation:

You just have to try it out for some points. I tried it for (-4,-3), (0,0), (7,0)

2/5x 2/8
can this be simplified

Answers

Answer:

O.4x 0.25

Step-by-step explanation:

It just is as a decimal

Yea.


So the answer is 1/10 hope this helps

Georgia works at the frozen yogurt shop. She is able to scoop frozen yogurt into perfectly round scoops tha
have a radius of 6cm. If Mary buys a single scoop of frozen yogurt in a cup. How much yogurt Will Georgia
Mary?
senere

Answers

Answer:

My answers:

1. p = 0.20 × 100 × k

4. y = 1.25x + 3; $8.00

Step-by-step explanation:

your welcome

how to do more scaled copies for middle school 7th grade

Answers

Answer:

//www.pinterest.com/pin/269371621432109114/

Step-by-step explanation:hope this help hehe

You go to the store and buy 6 pieces of candy for $7.80.
a) Determine the constant of proportionality and use it to write an equation to find the cost 'y for buying any
number of candies, "X'.
b) What operation did you use to find or determine the unit price?
c) Explain whether you believe this process will work for all scenarios regarding the unit rate?
d) What is the relationship between the constant of proportionality and the Unit Rate?
Students, draw anywhere on this slide!

Answers

A-Y=1.3x B- division C- Yes, as long as you do it correctly D- The unit rate is how much one piece of candy cost and the constant of proportionality is the ratio of two proportional quantities

Can you help me please!!!!

Answers

Answer:

Step-by-step explanation:

(-10,0)(0,-4)

find slope

m=-2/5

b=-4

y=-2/5x-4

Answer:

y=mx+b

y=-2/5x -4

(-10,0),(-5,-2)

Step-by-step explanation:

The first three terms of a sequence are given. Round to the nearest thousandth (if necessary).
16, 4,1,...

Find the 6th term

Answers

It seems like it is dividing by 4 every time.
Then, the answer is 1/4/4/4 which is approximately 0.016

Which of the following is equivalent to the expression 3(2x + 2)? Select all that apply.
DA. 3x + 6 + 3x
B. 6x + 1
OC. 6x + 6

Answers

C because the experience was not made in the corona movie
correct answer is DA. 3x+6+3x

3 times 2x equals 6x. 3x+3x equals 6x
3x2=6

Model and solve the problem

Answers

Answer:

9/4

Step-by-step explanation:

multiply 4 and 2 and add the 1 on top which makes it 9 and the denominator stays the same which is 9/4

*inhale* REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

Answers

-15/8.....................

Tres números naturales consecutivos son tales que el cuadrado del número intermedio es 15 más que la suma de los otros dos. Sea mmm el número intermedio. Escribe una ecuación para mmm. Nota: no necesitas ingresar la ecuación en forma cuadrática.

Answers

Responder:

m² = 15 + 2m

Explicación paso a paso:

Tres números naturales consecutivos:

Número medio = m

Los otros dos números son; m - 1; m + 1

Por tanto, tenemos:

m - 1, m, m + 1

Cuadrado de m = (m - 1) + (m + 1) + 15

m² = 15 + (m - 1 + m + 1)

m² = 15 + (m + m)

m² = 15 + 2m

Can someone also help me with this math problem pls

Answers

Answer:

19⅔k + 14

Step-by-step explanation:

3⅔k + ⅓(42) + ⅓(48k)

3⅔k + 14 + 16k = 19⅔k + 14

Answer:

2 • (40 k + 21)

___________

3

Plz hurry! Hurryyyyy!

Answers

Answer:

56.55 units^2

Step-by-step explanation:

The answer is 56.52


The formula I used is a= 3.14 x6x6/2
3.14x36/2
113.04/2
Area= 56.52

A softball backstop that is 10 feet high casts an 8-foot shadow at the same time a light pole casts a 20-foot shadow. The height of the flagpole is about how many feet??

Answers

I'm just getting points

Step-by-step explanation:

just getting points

A farmer has a square plot of land he needs defense he walked to the diagonal of the plot of land and found it to be 80 yards how much fencing will he need to fence the plot of land?

Answers

Answer: i think the answer is 320

Step-by-step explanation:

i say 320 because a square has 4 sides and there is 80 yards so all i did is multiply 80 x 4 = 320

Answer:

Step-by-step explanation:

[tex]d^2=x^2+x^2\\ \\ 2x^2=80^2\\ \\ 2x^2=6400\\ \\ x^2=3200\\ x=\sqrt{3200}\\ \\ P=4x\\ \\ P=4\sqrt{3200}yds\\ \\ P\approx 226.27yds[/tex]

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