What is the value of an investment of $3,500 after 2 years if it earns 1.5% compounded quarterly?

Using formula:

where

P is the principal

r is the annual rate in decimal

n is the number of compounding periods per year

t is the number of years.

As per the statement:

$3,500 after 2 years if it earns 1.5% compounded quarterly.

Here, P = $3500, t= 2 years, r = 1.5% = 0.015  and n = 4

then,

Substitute these values we have;

Or

or

Simplify:

Amount = $3606.38852

Therefore, the value of an investment after 2 years is, $3,606.39

for finding the midpoint of any given 2 pair of points simply add the respective x coordinates with other x coordinate and the y coordinate with other y coordinate and divide them by 2

in your question it will be :

(3+1)/2 for the x coordinate of mid point i.e 2

[8+(-4)]/2 for the y coordinate of midpoint i.e 2

so coordinates of mid point of points (3,8) and (1,-4) will be (2,2)

what is the question here

step-by-step explanation: