how much would you have in 4 years if you purchased a $1,000 4-year savings certificate that paid 3ompounded quarterly? (round your answer to the nearest cent.)

Answers

Answer 1

If you purchased a $1,000 4-year savings certificate that paid 3% compounded quarterly, you would have $1,126.84 in 4 years.

To solve this problem, we can use the formula for compound interest:

A = P(1 + r/n)^(nt)

where A is the final amount, P is the principal amount, r is the annual interest rate, n is the number of times the interest is compounded per year, and t is the time in years.

In this case, P = $1,000, r = 3% = 0.03, n = 4 (since interest is compounded quarterly), and t = 4. Plugging these values into the formula, we get:

A = 1000(1 + 0.03/4)^(4*4) = $1,126.84

Therefore, if you purchased a $1,000 4-year savings certificate that paid 3% compounded quarterly, you would have $1,126.84 in 4 years.

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Step-by-step explanation:

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Step-by-step explanation:

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Step-by-step explanation:

Answer:

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Step-by-step explanation:

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Answer:

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Step-by-step explanation:

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Answers

Answer:

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Step-by-step explanation:

Supplementary angles add up to 180 degrees, which is a straight line.

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Answers

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Check:
21(6-3)=21(3)= 63 :)
3.5(6)(3) = 21(3) = 63 :)

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Answers

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Answers

Answer:

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Step-by-step explanation:

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Answer:

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Step-by-step explanation:

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Answer:

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Step-by-step explanation:

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Step-by-step explanation:

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Answer:

Step-by-step explanation:

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Answer:

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Answer:

Step-by-step explanation:

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Answers

Answer:

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Step-by-step explanation:

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Answers

Complete question :

Liz's math test included a survey question asking how many hours students spent studying for the test. The scatterplot and regression line below show the relationship between how many hours students spent studying and their score on the test.

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Answer:

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Answers

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Answers

Answer:

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Step-by-step explanation:

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Step-by-step explanation:

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A. Complete the table below by evaluating each expression
with the given value of the variable. Use the back sheet of
this
paper
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m = -3
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Answers

Answer:

1. -8, -1

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4. 17, 82

Step-by-step explanation:

plug in the value of m into the expression. for example, m - 5 where m = -3 would be -3 - 5 = -8

Answer:

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4. 17, 82

Step-by-step explanation:

plug in the value of m into the expression. for example, m - 5 where m = -3 would be -3 - 5 = -8

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