Discover a wealth of knowledge at Westonci.ca, where experts provide answers to your most pressing questions. Join our Q&A platform and get accurate answers to all your questions from professionals across multiple disciplines. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.
Sagot :
Let's fill out the table step by step and calculate each value accordingly.
#### Table:
\begin{tabular}{|c|c|c|c|c|c|}
\hline Original Principal & & & & & [tex]$\$[/tex] 2,000.00[tex]$ \\ \hline Interest for First Quarter & $[/tex]\[tex]$ 2,000.00 \times 8 \% \times 1 / 4=$[/tex] & [tex]$\$[/tex] 40.00[tex]$ & $[/tex]=[tex]$ & + & $[/tex]\[tex]$ 40.00$[/tex] \\
\hline
Amount at End of First Quarter & [tex]$\$[/tex] 2,000.00 + \[tex]$ 40.00 =$[/tex] & [tex]$\$[/tex] 2,040.00[tex]$ & & & a. \\ \hline Interest for Second Quarter & $[/tex]\[tex]$ 2,040.00 \times 8 \% \times 1 / 4=$[/tex] & [tex]$\$[/tex] 40.80[tex]$ & $[/tex]=[tex]$ & + & b. \\ \hline \begin{tabular}{|l|} Amount at End of Second Quarter \\ \end{tabular} & $[/tex]\[tex]$ 2,040.00 + \$[/tex] 40.80 =[tex]$ & $[/tex]\[tex]$ 2,080.80 $[/tex] & & & c. \\
\hline
Interest for Third Quarter & [tex]$\$[/tex] 2,080.80 \times 8 \% \times 1 / 4=[tex]$ & $[/tex]\[tex]$ 41.62$[/tex] & [tex]$=$[/tex] & + & d. \\
\hline
Amount at End of Third Quarter & [tex]$\$[/tex] 2,080.80 + \[tex]$ 41.62 =$[/tex] & [tex]$\$[/tex] 2,122.42[tex]$ & & & e. \\ \hline Interest for Fourth Quarter & $[/tex]\[tex]$ 2,122.42 \times 8 \% \times 1 / 4=$[/tex] & [tex]$\$[/tex] 42.45[tex]$ & $[/tex]=[tex]$ & + & f. \\ \hline Amount at End of Fourth Quarter & $[/tex]\[tex]$ 2,122.42 + \$[/tex] 42.45 =[tex]$ & $[/tex]\[tex]$ 2,164.87$[/tex] & & & g. \\
\hline
\end{tabular}
#### Detailed Steps:
1. Original Principal: [tex]$\$[/tex] 2,000.00[tex]$ 2. Interest for First Quarter: \[ \$[/tex] 2,000.00 \times \frac{8\%}{4} = \[tex]$ 40.00 \] 3. Amount at End of First Quarter: \[ 2000.00 + 40.00 = \$[/tex] 2,040.00
\]
This value corresponds to [tex]$a.$[/tex]
4. Interest for Second Quarter:
[tex]\[ 2040.00 \times \frac{8\%}{4} = \$ 40.80 \][/tex]
This value corresponds to [tex]$b.$[/tex]
5. Amount at End of Second Quarter:
[tex]\[ 2040.00 + 40.80 = \$ 2,080.80 \][/tex]
This value corresponds to [tex]$c.$[/tex]
6. Interest for Third Quarter:
[tex]\[ 2080.80 \times \frac{8\%}{4} = \$ 41.62 \][/tex]
This value corresponds to [tex]$d.$[/tex]
7. Amount at End of Third Quarter:
[tex]\[ 2080.80 + 41.62 = \$ 2,122.42 \][/tex]
This value corresponds to [tex]$e.$[/tex]
8. Interest for Fourth Quarter:
[tex]\[ 2122.42 \times \frac{8\%}{4} = \$ 42.45 \][/tex]
This value corresponds to [tex]$f.$[/tex]
9. Amount at End of Fourth Quarter:
[tex]\[ 2122.42 + 42.45 = \$ 2,164.87 \][/tex]
This value corresponds to [tex]$g.$[/tex]
The filled-out table should look like this:
\begin{tabular}{|c|c|c|c|c|c|}
\hline Original Principal & & & & & [tex]$\$[/tex] 2,000.00[tex]$ \\ \hline Interest for First Quarter & $[/tex]\[tex]$ 2,000.00 \times 8 \% \times 1 / 4=$[/tex] & [tex]$\$[/tex] 40.00[tex]$ & $[/tex]=[tex]$ & + & $[/tex]\[tex]$ 40.00$[/tex] \\
\hline
Amount at End of First Quarter & [tex]$\$[/tex] 2,000.00 + \[tex]$ 40.00 =$[/tex] & [tex]$\$[/tex] 2,040.00[tex]$ & & & $[/tex]\ 2,040.00[tex]$ \\ \hline Interest for Second Quarter & $[/tex]\[tex]$ 2,040.00 \times 8 \% \times 1 / 4=$[/tex] & [tex]$\$[/tex] 40.80[tex]$ & $[/tex]=[tex]$ & + & \$[/tex] 40.80 \\
\hline
\begin{tabular}{|l|}
Amount at End of Second Quarter \\
\end{tabular} & [tex]$\$[/tex] 2,040.00 + \[tex]$ 40.80 =$[/tex] & [tex]$\$[/tex] 2,080.80 [tex]$ & & & \$[/tex] 2,080.80 \\
\hline
Interest for Third Quarter & [tex]$\$[/tex] 2,080.80 \times 8 \% \times 1 / 4=[tex]$ & $[/tex]\[tex]$ 41.62$[/tex] & [tex]$=$[/tex] & + & \[tex]$ 41.62 \\ \hline Amount at End of Third Quarter & $[/tex]\[tex]$ 2,080.80 + \$[/tex] 41.62 =[tex]$ & $[/tex]\[tex]$ 2,122.42$[/tex] & & & \[tex]$ 2,122.42 \\ \hline Interest for Fourth Quarter & $[/tex]\[tex]$ 2,122.42 \times 8 \% \times 1 / 4=$[/tex] & [tex]$\$[/tex] 42.45[tex]$ & $[/tex]=[tex]$ & + & \$[/tex] 42.45 \\
\hline
Amount at End of Fourth Quarter & [tex]$\$[/tex] 2,122.42 + \[tex]$ 42.45 =$[/tex] & [tex]$\$[/tex] 2,164.87[tex]$ & & & \$[/tex] 2,164.87 \\
\hline
\end{tabular}
This table provides a detailed breakdown of each interest calculation and the resulting amounts at the end of each quarter.
#### Table:
\begin{tabular}{|c|c|c|c|c|c|}
\hline Original Principal & & & & & [tex]$\$[/tex] 2,000.00[tex]$ \\ \hline Interest for First Quarter & $[/tex]\[tex]$ 2,000.00 \times 8 \% \times 1 / 4=$[/tex] & [tex]$\$[/tex] 40.00[tex]$ & $[/tex]=[tex]$ & + & $[/tex]\[tex]$ 40.00$[/tex] \\
\hline
Amount at End of First Quarter & [tex]$\$[/tex] 2,000.00 + \[tex]$ 40.00 =$[/tex] & [tex]$\$[/tex] 2,040.00[tex]$ & & & a. \\ \hline Interest for Second Quarter & $[/tex]\[tex]$ 2,040.00 \times 8 \% \times 1 / 4=$[/tex] & [tex]$\$[/tex] 40.80[tex]$ & $[/tex]=[tex]$ & + & b. \\ \hline \begin{tabular}{|l|} Amount at End of Second Quarter \\ \end{tabular} & $[/tex]\[tex]$ 2,040.00 + \$[/tex] 40.80 =[tex]$ & $[/tex]\[tex]$ 2,080.80 $[/tex] & & & c. \\
\hline
Interest for Third Quarter & [tex]$\$[/tex] 2,080.80 \times 8 \% \times 1 / 4=[tex]$ & $[/tex]\[tex]$ 41.62$[/tex] & [tex]$=$[/tex] & + & d. \\
\hline
Amount at End of Third Quarter & [tex]$\$[/tex] 2,080.80 + \[tex]$ 41.62 =$[/tex] & [tex]$\$[/tex] 2,122.42[tex]$ & & & e. \\ \hline Interest for Fourth Quarter & $[/tex]\[tex]$ 2,122.42 \times 8 \% \times 1 / 4=$[/tex] & [tex]$\$[/tex] 42.45[tex]$ & $[/tex]=[tex]$ & + & f. \\ \hline Amount at End of Fourth Quarter & $[/tex]\[tex]$ 2,122.42 + \$[/tex] 42.45 =[tex]$ & $[/tex]\[tex]$ 2,164.87$[/tex] & & & g. \\
\hline
\end{tabular}
#### Detailed Steps:
1. Original Principal: [tex]$\$[/tex] 2,000.00[tex]$ 2. Interest for First Quarter: \[ \$[/tex] 2,000.00 \times \frac{8\%}{4} = \[tex]$ 40.00 \] 3. Amount at End of First Quarter: \[ 2000.00 + 40.00 = \$[/tex] 2,040.00
\]
This value corresponds to [tex]$a.$[/tex]
4. Interest for Second Quarter:
[tex]\[ 2040.00 \times \frac{8\%}{4} = \$ 40.80 \][/tex]
This value corresponds to [tex]$b.$[/tex]
5. Amount at End of Second Quarter:
[tex]\[ 2040.00 + 40.80 = \$ 2,080.80 \][/tex]
This value corresponds to [tex]$c.$[/tex]
6. Interest for Third Quarter:
[tex]\[ 2080.80 \times \frac{8\%}{4} = \$ 41.62 \][/tex]
This value corresponds to [tex]$d.$[/tex]
7. Amount at End of Third Quarter:
[tex]\[ 2080.80 + 41.62 = \$ 2,122.42 \][/tex]
This value corresponds to [tex]$e.$[/tex]
8. Interest for Fourth Quarter:
[tex]\[ 2122.42 \times \frac{8\%}{4} = \$ 42.45 \][/tex]
This value corresponds to [tex]$f.$[/tex]
9. Amount at End of Fourth Quarter:
[tex]\[ 2122.42 + 42.45 = \$ 2,164.87 \][/tex]
This value corresponds to [tex]$g.$[/tex]
The filled-out table should look like this:
\begin{tabular}{|c|c|c|c|c|c|}
\hline Original Principal & & & & & [tex]$\$[/tex] 2,000.00[tex]$ \\ \hline Interest for First Quarter & $[/tex]\[tex]$ 2,000.00 \times 8 \% \times 1 / 4=$[/tex] & [tex]$\$[/tex] 40.00[tex]$ & $[/tex]=[tex]$ & + & $[/tex]\[tex]$ 40.00$[/tex] \\
\hline
Amount at End of First Quarter & [tex]$\$[/tex] 2,000.00 + \[tex]$ 40.00 =$[/tex] & [tex]$\$[/tex] 2,040.00[tex]$ & & & $[/tex]\ 2,040.00[tex]$ \\ \hline Interest for Second Quarter & $[/tex]\[tex]$ 2,040.00 \times 8 \% \times 1 / 4=$[/tex] & [tex]$\$[/tex] 40.80[tex]$ & $[/tex]=[tex]$ & + & \$[/tex] 40.80 \\
\hline
\begin{tabular}{|l|}
Amount at End of Second Quarter \\
\end{tabular} & [tex]$\$[/tex] 2,040.00 + \[tex]$ 40.80 =$[/tex] & [tex]$\$[/tex] 2,080.80 [tex]$ & & & \$[/tex] 2,080.80 \\
\hline
Interest for Third Quarter & [tex]$\$[/tex] 2,080.80 \times 8 \% \times 1 / 4=[tex]$ & $[/tex]\[tex]$ 41.62$[/tex] & [tex]$=$[/tex] & + & \[tex]$ 41.62 \\ \hline Amount at End of Third Quarter & $[/tex]\[tex]$ 2,080.80 + \$[/tex] 41.62 =[tex]$ & $[/tex]\[tex]$ 2,122.42$[/tex] & & & \[tex]$ 2,122.42 \\ \hline Interest for Fourth Quarter & $[/tex]\[tex]$ 2,122.42 \times 8 \% \times 1 / 4=$[/tex] & [tex]$\$[/tex] 42.45[tex]$ & $[/tex]=[tex]$ & + & \$[/tex] 42.45 \\
\hline
Amount at End of Fourth Quarter & [tex]$\$[/tex] 2,122.42 + \[tex]$ 42.45 =$[/tex] & [tex]$\$[/tex] 2,164.87[tex]$ & & & \$[/tex] 2,164.87 \\
\hline
\end{tabular}
This table provides a detailed breakdown of each interest calculation and the resulting amounts at the end of each quarter.
Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. Thank you for visiting Westonci.ca, your go-to source for reliable answers. Come back soon for more expert insights.
