Will give brainliestdetermine the amount you need to invest to have $22,000 dollars in 4 years if you invest at 5% annual interest, compounded quarterly. show work

$18,034.40

Step-by-step explanation:

We will use the compound interest formula:

Our final amount is $22,000, t = 4, r = 5% = 0.05 (because 5/100=0.05) and n=4 since it's compounded quarterly this means that it happens four times in one year. By plugging in your values you obtain:

Therefore, you would need to place an initial amount of $18,034.40 in order to accumulate $22,000 based on the parameters given.

answer: city needs 2.4 inches of rainfall more to match the record of 40 inches.

step-by-step explanation:

since we have given that

total annual rainfall a city record = 40 inches

this year, total rainfall recorded = 37.6 inches

number of inches of rainfall   is needed to match the record of 40 inches is given by

hence, city needs 2.4 inches of rainfall more to match the record of 40 inches.