If Jessica invests $8,500 at 8.2% compounded quarterly, how much will her investment
be worth after 7 years?

Please help with step by step

her investment would

be worth $15003 after 7 years

Step-by-step explanation:

We would apply the formula for determining compound interest which is expressed as

A = P(1+r/n)^nt

Where

A = total amount in the account at the end of t years

r represents the interest rate.

n represents the periodic interval at which it was compounded.

P represents the principal or initial amount deposited

From the information given,

P = 8500

r = 8.2% = 8.2/100 = 0.082

n = 4 because it was compounded 4 times in a year.

t = 7 years

Therefore,

A = 8500(1+0.082/4)^4 × 7

A = 8500(1 + 0.0205)^28

A = 8500(1.0205)^28

A = $15003

step-by-step explanation:

i think something is missing in your question because y-1=(x-12) would not pass through the point (-4,-3). because if you replace x by -4 your are supposed to find y=-3 which is not the case her. if you replace x by -4 you find =-15.

i assume the right equation is y-1=1/4*(x-12) because this one is passing through both your points (if you are interested to know how i found that out i can tell you).

in this equation if i replace x by -4 i find y=-3 and if i replace x by 12, i find y=1 so the line representing this equation is passing through those 2 points.

then the standard form of the equation is finding an expression of y in function of x

y-1=1/4*(x-12)

y=x/4-3+1

y=x/4-2

hope that .

do you confirm there was a mistake in the question?