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I WILL GIVE 35 POINTS TO THOSE WHO ANSWER THIS QUESTION RIGHT NOOOO SCAMS

I WILL GIVE 35 POINTS TO THOSE WHO ANSWER THIS QUESTION RIGHT NOOOO SCAMS-example-1
User Noj
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1 Answer

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let me give you a cheesy answer, hmm the exponent on the compound interest is 4t, the years is "t", and the number pegged to it is the "compounding period", in this case is 4, so that means the compounding period is 4, so the account compounds 4 times a year, so is a quarterly period.


~~~~~~ \textit{Compound Interest Earned Amount} \\\\ A=P\left(1+(r)/(n)\right)^(nt) \quad \begin{cases} A=\textit{accumulated amount}\\ P=\textit{original amount deposited}\dotfill &\$200\\ r=rate\to r\%\to (r)/(100)\\ n= \begin{array}{llll} \textit{times it compounds per year} \end{array}\\ t=years \end{cases} \\\\\\ ~\hfill A=200(1.10)^(4t)~\hfill

User Sander Schaeffer
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