4. Match the investment information on the left to the amount in the account after t years on the right. a. Az $4, 151.59 - 1. A =? P= $3, 800 e = 2.718 T = 2.95% = 0.0295 t = 3 years b. A 84, 231.42 c. A $4, 493.26 2. A =? d. A= $4, 112.15 P = 84, 000 e= 2.718 r= 2.25% = 0.0225 t= 2.5 years 3. A =? P = 84, 200 e = 2.718 r = 3% + 0.03 t = 2.25 years 4. A =? P= 83, 700 e = 2.718 r= 3.25% 0.0325 t = 3.25 years
4. Match the investment information on the left to the amount in the account after t years on the right. a. Az $4, 151.59 - 1. A =? P= $3, 800 e = 2.718 T = 2.95% = 0.0295 t = 3 years b. A 84, 231.42 c. A $4, 493.26 2. A =? d. A= $4, 112.15 P = 84, 000 e= 2.718 r= 2.25% = 0.0225 t= 2.5 years 3. A =? P = 84, 200 e = 2.718 r = 3% + 0.03 t = 2.25 years 4. A =? P= 83, 700 e = 2.718 r= 3.25% 0.0325 t = 3.25 years
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
Related questions
Question
Match the investment information on the left to the amount in the account after t years on the right.
1. |
A=?
P=$3,800 e=2.718 r=2.95%⇒0.0295 t=3 years |
2. |
A=?
P=$4,000 e=2.718 r=2.25%⇒0.0225 t=2.5 years |
3. |
A=?
P=$4,200 e=2.718 r=3%⇒0.03 t=2.25 years |
4. |
A=?
P=$3,700 e=2.718 r=3.25%⇒0.0325 t=3.25 years |
a. |
A≈$4,151.59
|
b. |
A≈$4,231.42
|
c. |
A≈$4,493.26
|
d. |
A≈$4,112.15
|
Expert Solution
Step 1
We have to find the amount for each part.
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 1 images
Recommended textbooks for you
Algebra and Trigonometry (6th Edition)
Algebra
ISBN:
9780134463216
Author:
Robert F. Blitzer
Publisher:
PEARSON
Contemporary Abstract Algebra
Algebra
ISBN:
9781305657960
Author:
Joseph Gallian
Publisher:
Cengage Learning
Linear Algebra: A Modern Introduction
Algebra
ISBN:
9781285463247
Author:
David Poole
Publisher:
Cengage Learning
Algebra and Trigonometry (6th Edition)
Algebra
ISBN:
9780134463216
Author:
Robert F. Blitzer
Publisher:
PEARSON
Contemporary Abstract Algebra
Algebra
ISBN:
9781305657960
Author:
Joseph Gallian
Publisher:
Cengage Learning
Linear Algebra: A Modern Introduction
Algebra
ISBN:
9781285463247
Author:
David Poole
Publisher:
Cengage Learning
Algebra And Trigonometry (11th Edition)
Algebra
ISBN:
9780135163078
Author:
Michael Sullivan
Publisher:
PEARSON
Introduction to Linear Algebra, Fifth Edition
Algebra
ISBN:
9780980232776
Author:
Gilbert Strang
Publisher:
Wellesley-Cambridge Press
College Algebra (Collegiate Math)
Algebra
ISBN:
9780077836344
Author:
Julie Miller, Donna Gerken
Publisher:
McGraw-Hill Education