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Home » Number of doubling periods: \(15 \div 3 = 5\). - DNSFLEX

Number of doubling periods: \(15 \div 3 = 5\). - DNSFLEX

📅 March 12, 2026 👤 scraface

Mar 12, 2026

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\[ 2 + \frac{45}{60} = 2.75 \, \text{hours} \]
Then, add this time to the start time:
2:00 PM + 2.75 hours = 4:45 PM
#### 4:45 PM
An investment of $5,000 earns 6% annual interest compounded quarterly....
First, determine the quarterly interest rate and the number of quarter...
Quarterly rate = \( \frac{6}{4} = 1.5\% = 0.015 \)
Number of quarters = \( 3 \times 4 = 12 \)
\[ A = 5000 \times (1 + 0.015)^{12} \]
\[ A \approx 5000 \times 1.195618 \]

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