Answer: $ 90305.56
Step-by-step explanation:
To find the future value of the amount, use the compound interest formula as follows:
A = P( 1 + i/m)^mn
Where; A = Future amount after n years;
P = Principal amount or amount deposited which is equal to $50, 000 in this question.
i = interest rate charge which is 6% in this case
m = number of times compounded per year, thus, m = 2 in this case since it is compounded semi-annually.
n = number of years which is 10 years in this case.
Substituting in the equation:
A = 50 000( 1 + 0.06/2) ^ 2(10)
= $ 90305.56
The slope of the line is .75 or 3/4
<u>General method</u><u>:</u>
Given numbers are 1.3 bar and 1.4 bar
- 1.3 bar = 1.333...
- 1.4 bar = 1.444...
Two rational numbers between them
= 1.3222... and 1.43333...
<u>Mean Method</u><u>:</u>
Let X = 1.333... → → →eqn(i)
since the periodicity is 1 then multiply eqn(i) with 10
⇛10×X = 1.333...×10
⇛10X = 13.333... → → →eqn(ii)
Subtract eqn(ii)-eqn(i)
10X = 13.333...
X = 1.333...
(-)
____________
9X = 12.000...
____________
⇛9X = 12
⇛X = 12/9
⇛X = 4/3
and
Let X = 1.444... → → →eqn(i)
since the periodicity is 1 then multiply eqn(i) with 10
⇛10×X = 1.444...×10
⇛10X = 14.444...→ → →eqn(ii)
Subtract eqn(ii)-eqn(i)
10X = 14.444...
X = 1.444...
(-)
____________
9X = 13.000...
____________
⇛9X = 13
⇛X = 13/9
Now we have 12/9 and 13/9
The rational number between them by mean method (a+b)/2
⇛{(12/9)+(13/9)}/2
⇛(25/9)/2
⇛25/18
and Second rational number
⇛{(12/9)+(25/18)}/2
⇛{(24+25)/18}/2
⇛(49/18)/2
⇛49/36
<u>Answer</u><u>:</u> The two rational numbers between them are 25/18 and 49/36.
<u>also</u><u> read</u><u> similar</u><u> questions</u><u>:</u> INSERT TWO RATIONAL NUMBERS BETWEEN 2 AND 3. How to find them?
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