On April 1, Preston McCord deposited $1,400 in a savings account that pays annual interest of 3.2% compounded quarterly. If he made no deposits or withdrawals in the account, what interest could he
earn by keeping his money on deposit for 6 months?

After 6 months, the interest generated by the investment would be $21.10.

Step-by-step explanation:

To determine the interest that Preston McCord could earn by investing $ 1,400 in an account that pays 3.2% annual interest compounded monthly, leaving said money invested for a period of 6 months, it is necessary to perform the following calculation:

X = 1,400 x (1 + 0.032 / 6) ^ 0.5x6

X = 1,421.10

1421.10 - 1400 = 21.10

Thus, after 6 months, the interest generated by the account will be $ 21.10.

idk

step-by-step explanation:

step-by-step explanation:

a.   since the profit made in 2012 is equal to the profit made in 2014, the profit is           symmetric about the line y = 120,000.

step-by-step explanation:

given that megan owns a clothing boutique.

the profits of 2010, 11, are recorded and shown as follows:

years since     2010 0     1     2     3       4       5

profits made in 1000's   39       84     111     120   111     84

we find that profit gradually increases form 2010 to 2013 upto 120,   then starts decreasing.

the profits for 2012 and 2014 are the same while that of 2011 and 2015 are also the same.

this shows that there is symmetry about the line profit = 120000

hence answer is:

a.   since the profit made in 2012 is equal to the profit made in 2014, the profit is           symmetric about the line y = 120,000.

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