Sunday

December 21, 2014

December 21, 2014

Posted by **Iyeisha** on Thursday, December 2, 2010 at 3:08pm.

Find the value A(t) of the investment after t years.

- math -
**Henry**, Friday, December 3, 2010 at 9:02pmA(t) = Ao(r + 1)^n.

r = (7/4) / 100 = 0.0175 = Quarterly

percentage rate(QPR).

n = 4 comp / yr * t yrs = 4t.

t = Time for maturity or withdrawal in years.

A(t) = 5000(1.0175)^4t.

A(5) = 7073.89.

A(8) = 8711.07.

**Answer this Question**

**Related Questions**

trig - If $5000 is invested at a rate of 3% interest compounded quarterly, what ...

Compound interest - Hello My teacher skipped over this and I have no clue how to...

Math - If 3000 dollars is invested in a bank account at an interest rate of 6 ...

Calculus Please help! - If 7000 dollars is invested in a bank account at an ...

math - If $3500 is invested at an interest rate of 6.25% per year, compounded ...

math - Compute the compound quarterly amount after 1 year for $100 invested at ...

math - If $15,000 is invested at an interest rate of 10% per year, compounded ...

Calculus :) - If 8000 dollars is invested in a bank account at an interest rate ...

math - Find the accumulated amount A, if the principal P is invested at an ...

Math - If $1500 is invested at an interest rate of 3.5% per year, compounded ...