Function of the term of the investment

Assignment Help Mathematics
Reference no: EM131115010

Suppose $4000 is invested in an account which offers 6.25% compounded monthly.

a) Express the amount A in the account as a function of the term of the investment t in years

b) How much is in the account after 4 years?

c) How long will it take for the initial investment to double?

Reference no: EM131115010

Questions Cloud

Evaluating whether or not to continue to share profits : Evaluating whether or not to continue to share profits. Raymond is a senior partner in a manufacturing firm and is approaching retirement age.
Equations from the word problems : What are the tips you use to form equations from the word problems? How do you approach that process?
Find confidence interval for population standard deviation : A random sample of 15 days has a sample mean of 121 orders for this antibiotic with a standard deviation of 10.5 orders. Find a 90% confidence interval for the population standard deviation of the daily demand for this antibiotic. Then complete th..
Intermediaries cost the company too much money : Your new boss thinks that intermediaries cost the company too much money, but you know he is looking only at the bottom line. He has asked you to investigate the issue. In a short memo to your boss, describe the efficiencies that intermediaries creat..
Function of the term of the investment : Suppose $4000 is invested in an account which offers 6.25% compounded monthly. a) Express the amount A in the account as a function of the term of the investment t in years
Determine the greatest number : Determine the greatest number which they are divided into 526 and 1307 and got Remainders are 6 and 7.
Determine the parameters of the equivalent circuit : No-load test: line-to-line voltage 400 V, input power 1770 W, input current 18.5 A, and friction and wind age loss 600 W
Numbers in descending order : In a form two class, 5% of the students can play football, ¼ can play volleyball, 0.1 can play basketball and 3/5 can play tennis. Arrange this numbers in descending order.
Finding the emotional intelligence : Finding the Emotional Intelligence. What are the differences between leaders and managers? Can anyone be a leader? Which would you prefer to work for: a leader or a manager? Why? Select one of the characteristics of an effective project manager and t..

Reviews

Write a Review

Mathematics Questions & Answers

  What rate is the total area of the diturbed water increasing

a pebble is dropped into a still pond, causing ripples in the form of concentrate circles. The radius r of the outer circle is increasing at a rate of 25 cm/s. When the radius is 100 cm, at what rate is the total area of the diturbed water increas..

  Volume of the tetrahedron

Prove that if P is any point in a regular tetrahedron of height h, then the sum of the perpendicular distances from p to the four faces of the tetrahedron is equal to h.

  Computing the volume of cylinder

The volume of a cylinder (think about the volume of a can) is given by V = pi r2h where r is the radius of the cylinder and h is the height of the cylinder. Suppose the volume of the can is 100 cubic centimeters.

  What is the marked price of the set meal

Khairul orders one set meal at a restaurant which offers 20% discount. There is a service charge of 10% and GST is at 7%. Given that he pays a total of $23.54, what is the marked price of the set meal

  Construct the circle graph

A sample of 500 travelers who used the internet to book a trip were asked to which travel website they used. There responses are given in the table below. Use this information to construct a circle graph illustrating the percent of people who gave..

  In the table below there are 25 different fuses that will

practice question 1in the table below there are 25 different fuses that will are supposed to trip at 30 seconds when

  Find the angular speed of the wheels in radians

A car is moving at a rate of 76 miles per hour, and the diameter of its wheels is 2.9 feet.

  Each stake must be 4 feet from pole suppose that the ropes

you are setting up a volleyball net. there are two 8 foot poles that hold up the net. you are going to attach each pole

  The total energy consumption in quadrillion btus for the

the total energy consumption in quadrillion btus for the united states can be approximated by the functionfx

  Use the limit comparison test to determine if this series

Use the limit comparison test to determine if this series converges or diverges.

  Determine the measure of the other two angles

An isosceles triangle has one angle with a measure of 110. determine the measure of the other two angles.

  The direction cosines of the vector

If a is a non-zero vector of modulus a and m is a non-zero scalar, then ma is a unit vector if

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd