Bill invested $2000 at a rate of 5% compounded annually. What is the value of his investment at the end of 5 years? Round answer with money appropriately (to the nearest cent)

Step-by-step explanation:

P: the principal, amount invested

A: the new balance

t: the time

r: the rate, (in decimal form)

n: the number of times it is compounded.

Ex2:Suppose that $5000 is deposited in a saving account at the rate of 6% per year. Find the total amount on deposit at the end of 4 years if the interest is:

P =$5000, r = 6% , t = 4 years

a) simple : A = P(1+rt)

A = 5000(1+(0.06)(4)) = 5000(1.24) = $6200

b) compounded annually, n = 1:

A = 5000(1 + 0.06/1)(1)(4) = 5000(1.06)(4) = $6312.38

c) compounded semiannually, n =2:

A = 5000(1 + 0.06/2)(2)(4) = 5000(1.03)(8) = $6333.85

d) compounded quarterly, n = 4:

A = 5000(1 + 0.06/4)(4)(4) = 5000(1.015)(16) = $6344.93

e) compounded monthly, n =12:

A = 5000(1 + 0.06/12)(12)(4) = 5000(1.005)(48) = $6352.44

f) compounded daily, n =365:

A = 5000(1 + 0.06/365)(365)(4) = 5000(1.00016)(1460) = $6356.12

she played for 18.75 hours.

step-by-step explanation:

if she played 2/4 of a hour on tuesday. and there is 60 minutes in an hour and 60 divided by 4 is 7.5. and she played 2/4 of an hour on thursday then again 60 divided by 4 is 7.5, you add 7.5+7.5=56.25. now you have to do 1/4 of an hour, it equals 3.75. now you have to add them all up. 3.75+7.5+7.5=18.75

i hope this and i hope you get it right. it took me a while to get this done for you. : )

based on context clues you gave i'm assuming the answer would be c.