The amount of money, A ( t ) , in a savings account that pay 3% interest, compounded quarterly for t years, with an initial investment of P dollars, is given by A ( t ) = P ( 1 + 0.03 4 ) 4 t . If $500 is invested at 3%, compounded quarterly, how much will the investment be worth after 2 yr?
The amount of money, A ( t ) , in a savings account that pay 3% interest, compounded quarterly for t years, with an initial investment of P dollars, is given by A ( t ) = P ( 1 + 0.03 4 ) 4 t . If $500 is invested at 3%, compounded quarterly, how much will the investment be worth after 2 yr?
Solution Summary: The author explains that the initial investment is 500 compounded quarterly at 3% for 2 years. The Compound Interest can be obtained by using TI-83Plus calculator.
The amount of money,
A
(
t
)
, in a savings account that pay 3% interest, compounded quarterly for t years, with an initial investment of P dollars, is given by
A
(
t
)
=
P
(
1
+
0.03
4
)
4
t
.
If $500 is invested at 3%, compounded quarterly, how much will the investment be worth after 2 yr?
Find the equation of the line / in the figure below. Give exact values using the form y = mx + b.
m =
b =
y
WebAssign Plot
f(x) = 10*
log 9
X
A particle travels along a straight line path given by s=9.5t3-2.2t2-4.5t+9.9 (in meters).
What time does it change direction?
Report the higher of the answers to the nearest 2 decimal places in seconds.
Use the method of disks to find the volume of the solid that is obtained
when the region under the curve y = over the interval [4,17] is rotated
about the x-axis.
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