WebJul 12, 2024 · Diana invested some money in a bank at a fixed rate of interest compounded annually. The equation below shows the value of her investment after x years. fx=4001.01x What was the average rate of change of the value of Diana's investment from the second year to the fifth year? 1.01 dollars per year 2.47 dollars per year 4.12 dollars per year … WebDiana invested $61,293 in an account with a fixed annual percent of interest, compounding quarterly. At the end of five full years, she had $76,662.25 in principal plus interest. Approximately what was the annual percent rate of interest for this account? A 1.2% B 4.5% C 10% D 18% E 25.2% 显示答案 登录 后才可以添加做题笔记哦,还没有账号? 马上注册 …
Diana invested $3000 in a savings account 3 years, earned …
WebThe equation to find bond interest would be: I = Prt. Since the manager invested $3000 more in stocks, the equation to find stock interest would be: I = (P + $3000)rt. Since I is the same for stocks and bonds, we can set the stock and bond equations equal to each other: (P + $3000)rt = Prt. Time equals 1 year. Webx = the money invested at 8%. then he invested $3,000 more than twice this amount at 11%: 3000 + 2x at 11%. his total annual income from the two investment was 4830: 0.08x + 0.11(3000 + 2x) = 4830. by solving we find: x = $15,000. click here to see the step by step solution of the equation: Click to see all the steps. Roberto invested $33,000 ... city building queenslie
Solved Diana invested $7,250 at 3.37% compounded Chegg.com
WebExample 1: Tina invested $3000 in a bank that pays an annual interest rate of 7% compounded continuously. What is the amount she can get after 5 years from the bank? Round your answer to the nearest integer. Solution: To find: The amount after 5 years. The initial amount is P = $3000. The interest rate is, r = 7% = 7/100 = 0.07. Time is, t = 5 ... WebJul 12, 2024 · Diana invested some money in a bank at a fixed rate of interest compounded annually. The equation below shows the value of her investment after x years. … WebYou're figuring out how much to invest in each of the two accounts so that, once you're done with everything, you will have earned on the two accounts what would be the equivalent … city building pc games 2021