Samuel currently has an account balance of $3439.96. he open the account five years ago with the deposit of $3104.31. if the interest compounded quarterly what is the interest rate on the account?

Step-by-step explanation:

You did leave out a 4 under the r: 1.1063 = (1+r/4)^20

So you'd do both sides to the 1/20 power since 20 • 1/20 = 1

(1.1063) ^ (1/20) = 1 + r/4

Then subtract 1, and multiply by 4

4•[1.1063 ^ (1/20) - 1) = r

step-by-step explanation:

always plug in x. in this case, x equals 4.

i'm going to first solve 4(2+3x)

1) 4(2+3(4)) use pemdas to solve.

i'm going to multiply whats in the parenthesis first, so 3 times 4=12.

2)4 (2+12) i'm then going to multiply 4 by both numbers in the parenthesis (because multiplying comes before adding)

4 times 2= 8.   4 times 12= 48

4) (8+48)= 56 (answer)

i'm then going to solve 8+12x and plug in 4 for x.

1) 8 +12(4)

multiplying comes before adding, so i'm gonna multiply 12 and 4.

12 times 4= 48.

2) 8+48=56

both equal the same!

24+x=y

step-by-step explanation: