Tim invested $25,000 to a company at an interest rate of 6.2% compound quarterly. write an equation

Step-by-step explanation:

You are going to want to use the compound interest formula, which is shown below.

P = initial balance

r = interest rate

n = number of times compounded annually

t = time

Since the balance is compounded quarterly, the number will be used for n.

Now lets plug in the values into the equation:

step-by-step explanation:

first, eliminate the parenthesis:

3

x

+

2

−

4

x

second, group like terms:

3

x

−

4

x

+

2

third, combine like terms:

(

3

−

4

)

x

+

2

→

−

1

x

+

2

→

−

x

+

2

d

step-by-step explanation:

i used the pitagoras theoreme