Jamie deposits 400 into a savings account. The account has an interest rate of 5%, compounded quarterly. Right to function that gives you The amount of money in dollars, J(t) in t years after the initial deposit

Given:

Initial value = 400

Interest rate = 5% compounded quarterly.

To find:

The function that gives you the amount of money in dollars, J(t) in t years after the initial deposit.

Solution:

The formula for amount is:

Where, P is principal, r is the rate of interest in decimals, n is the number of times interest compounded in an year and t is the number of years.

The interest rate is 5% compounded quarterly. So, r=0.05 and n=4.

Substituting in the above formula, we get

The required function notation is:

Therefore, the amount of money in dollars, J(t) in t years after the initial deposit is .

loloo

step-by-step explanation:

lololool

in 1995, potato plants were taken into space aboard the space shuttle columbia.

step-by-step explanation: