Question

Asked Apr 17, 2019

42 views

(a) If $700 is borrowed at 8% interest, find the amounts due at the end of 4 years if the interest is compounded as follows. (Round your answers to the nearest cent.)

annually, quarterly, monthly, weekly, daily, hourly, continuously

Step 1

**(1)**

Compounded annually:

n=1

P=700

r=8%=0.08

t=4

We can use formula and find amount

Step 2

**(2)**

**Compounded Quarterly:**

P=700

n=4

t=4

r=8%=0.08

now, we can use formula and find amount

Step 3

**(3)**

**Compounded Monthly:**

P=700

n=12

t=4

r=8%=0.08

now, we can plug these values into formula&nbs...

Tagged in

Find answers to questions asked by student like you

Show more Q&A

Q: Please help me find the length of the curve

A: We\'ll use arc length formula with a=pi/2, b=2pi/3.

Q: Find the work required to move the object on the line segment. Please refer to attached image.

A: As a first step we need to parameterize the curve C. The curve has two points (1, 4, 1) and (4, 16, ...

Q: Write the iterated integral for a sphere centered at (0,0,0) with a radius of 2. Use the order dz dx...

A: From the given the sphere equation is x2+y2+z2=22.

Q: 1. Estimate the volume of the solid that lies below the surface z = xy and above the following recta...

A: You have asked two unreleated questions in the same post. Further your first question has multiple s...

Q: Limit as x approaches 2 of (x3-8)/(x-2)

A: Obtain the value of the limit as follows.

Q: A function and its first and second derivatives are given. Use these to find the relative maxima, re...

A: In this question, we have function, its first derivative and second derivative using that we have to...

Q: PK P (K-P)e 8. Scientists use the Logistic Growth function P(t) = to model population growth where P...

A: The logistic growth function is given by,

Q: please explain how to solve this problem

A: Consider x be the number of times the price is reduced by $0.05.

Q: The hyperbolic cosine function, denoted cosh x, is used to model the shape of a hanging cable (a tel...

A: Given information:Tyhe given function is cosh(x).