1. Francisco invested $5,000 into an account that earns 3% compounded quarterly. How many times will Francisco earn interest after keeping the money in the account for 5 years?

2. What will be the value of his account in 5 years if he does not make any additional deposits or
withdrawals?

3. After how many years will Francisco’s account reach $10,000

4. If Francisco wanted to double his money in 12 years, what Interest rate would his account have to earn?

10,002.21

Step-by-step explanation:

1)4x5= 20 times

2) principal= 5000

interest rate per year= 3%

compounded times per year=4

time in years = 5

the formula is amt= p*(1+r/n)^(n*t)

thus

Amount = 5805.92

3) If time in years = 23.2

then

amount = 10,002.56

4) Principal = 5,000

interest rate per yr= 5.82%

Compounded times per year = 4

time in years =12

the system of inequity is

step-by-step explanation:

from the given graph it is noticed that we have two related lines. one is solid and another is dashed.

if a line passing through two points, then the equation of line is

the solid line passing through the points (0,4) and (4,0).

the related equation of solid line is .

similarly, find the related equation of dashed line. the dashed liune passing through the points (0,0) and (3,1).

the related equation of dashed line is

from the given graph it is noticed that the point (0,1) lies on the shaded region, therefore the point (0,1) must be satisfied by the related equations.

check the related equations by the point (0,1).

this statement is true if the sign of inequality is < instead of equality. since it is an solid line therefore the sign of inequality will be . the required inequality is

similarly, check the second related equation.

it is a dashed line, so this statement is true if the sign of inequality is > . the required inequality is

answer: approximately 206 bones

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