Answer:
Step-by-step explanation:
If $10,000 is invested at an interest rate of 2% per year, compounded semiannually, find the value of the investment after the given number of years. (Round your answers to the nearest cent.)
a)6 years
b)12 years
c)18 years
***
compound interest formula: A=P(1+r/n)^nt, P=initial investment, r=interest rate, n=number of compounding periods per year, A=amt after t-years.
For given problem:
P=10000
r=.02
n=2
t=6, 12, 18
..
A(6)=10000(1+.02/2)^2*6
A(6)=10000(1.01)^12=11,268.25
A(12)=10000(1.01)^24=12,697.35
A(18)=10000(1.01)^36=14,307.69
Answer:
an = 3n – 5; a16
Step-by-step explanation:
your answer is a
Answer: The perimeter of the rectangle is 53.8. One side is 24, and the other is 2.9.
Step-by-step explanation:
First you need to divide 69.6 meters by 2.9. This gives you 24 as the other side of the rectangle(remember that the area of a rectangle is 
). Next you multiply 2.9 x 2. This gives you 5.8, then you multiply 24 by 2. This gives you 48. You add the two values together,and you get the perimeter of the rectangle as 53.8.
In the image move the point 3 left and 2 up then you should have your answer
