Josh deposited $4000 into an account with 3% interest, compounded quarterly. assuming that no withdrawals are made, how much will he have in the account after 3 years? do not round any intermediate computations, and round your answer to the nearest cent.

Josh will get $4376 after 3 years.

Explanation:

The formula of Compound Interest is:

where A = Amount

P = Principle

r = rate

n = Number of Compounding per year

t = total number of year

Here, P = 4000, r = 3% = 0.03, n = 4(quarterly), and t = 3.

Putting all these values in above formula:

⇒

⇒

⇒

⇒ A = 4376

Hence, Josh will get $4376 after 3 years.

answer: a. the kind of population living in your neighbourhood.

the census explorer data tool by the us census bureau allows the user to zoom in on any neighbourhood within the united states and find the kind of people residing in that by race and age.  

the tool needs to needs to be used twice – once in order to find what type of people reside in a neighbourhood, and then to see the age groups of the people in the same neighbourhood.

answerthe above statement is false;