Question: I don't understand how to approach these, Preview File Edit View Go Tools Window Help US Q 8 Wed Oct 19 6:38 PM ... Screen
I don't understand how to approach these,



Preview File Edit View Go Tools Window Help US Q 8 Wed Oct 19 6:38 PM ... Screen Shot 2022-10-19 at 6.37.42 PM 1 Q Q [ Q Search 202 The principal represents an amount of money deposited in a Principal Rate Compounded Time M Screen Shot list K savings account subject to compound interest at the given rate. 2022-10...7.42 PM Answer parts (a) and (b). $5000 0.3% quarterly 3 years X S q1 Formulas 7.A 20279 In the provided formulas, A is the balance in the account after t years, P is the 30 principal investment, r is the annual interest rate in decimal form, n is the number Screen Shot 20 of compounding periods per year, and Y is the investment's effective annual yield SM 2022-0...23.00 AM in decimal form. 8 31 A = P 1 + !) Int A P = nt A =Pert Y = 1 + 5 - 1 Screen Shot 202 1 + ! M 2022-0...24.24 AM 32 Screen Shot 0233 2022-0...08.30 PM Print Done 34 Screen Shot 202 2022-0...08.39 PM 35 Screen Shot 20 SM 2022-10...5.01 PM 3 Next 19 as tv zoomPreview File Edit View Go Tools Window Help US Q 8 Wed Oct 19 6:38 PM ... Screen Shot 2022-10-19 at 6.37.35 PM Q Search 202 The principal represents an amount of money deposited in a Principal Compounded M Screen Shot Rate Time estion list K 2022-10...7.49 P savings account subject to compound interest at the given rate Answer parts (a) and (b). $5000 0.3% quarterly 3 years i Click the icon to view some finance formulas. Shot .7.40 PM 202Question 29 AM a. Find how much money there will be in the account after the given number of years. Question 30 The amount of money in the account after 3 years is $. Shot Screen Shot 20 (Round to the nearest cent as needed.) 8.02 PM 21 2022-0...23.00 AM Question 31 b. Find the interest earned. The amount of interest earned is $. (Round to the nearest cent as needed.) Screen Shot 202Question 32 Shot M 2022-0...24.24 AM 8.26 PM 2 Question 33 Screen Shot 202 M 2022-0...08.30 PM Shot Question 34 .9.04 PM Screen Shot 20 Question 35 M 2022-0...08.39 PM Shot 3.08 PM : Next Screen S Screen Shot 2022-10...7.3 2022-10...5.01 PM OCT 19 zoom 19 stv 4 zoomPreview File Edit View Go Tools Window Help US 1 7 Q 8 Wed Oct 19 6:38 PM ... Screen Shot 2022-10-19 at 6.37.49 PM Q Search 202 Use the following formula. q1 pt 2 K -1 A = q1 202 AM Suppose that you drive 40,000 miles per year and gas averages $4 per gallon. Complete parts a. and b. below. Screen Shot 20 M 2022-0...23.00 AM a. What will you save in annual fuel expenses by owning a hybrid car averaging 40 miles per gallon rather than an SUV averaging 16 miles per gallon? Screen Shot 202 $ 6,000 2022-0...24.24 AM (Round to the nearest dollar as needed.) b. If you deposit your monthly fuel savings at the end of each month into an annuity that pays 4.8% compounded monthly, how much will have saved at the end of five years? Screen Shot 202 M 2022-0...08.30 PM $ (Round to the nearest dollar as needed.) Screen Shot 202 M 2022-0...08.39 PM Screen Shot 20 2022-10...5.01 PM 19 "tv
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