We are asked to determine the present value of an annuity that is paid at the end of each period. Therefore, we need to use the formula for present value ordinary, which is:

Where:

Since the interest is compounded semi-annually this means that it is compounded 2 times a year, therefore, k = 2. Now we need to convert the interest rate into decimal form. To do that we will divide the interest rate by 100:

Now we substitute the values:

Now we solve the operations, we get:

Therefore, the present value must be $39462.50
Answer:
21.72
Step-by-step explanation:
0.07 x 20.30
The first step in solving this problem is taking 2 and 3 and multiplying them (2 * 3 = 6) .
Now, for the second step, we will cube it. Since there are 2 numbers, we are going to use the 2nd root (2sqrt(6)) This will give us: 4.89897948557 or 5 if you would round it. This would be the Geometric Mean.
Answer:
2/7
Step-by-step explanation:
1
2
÷
1 3
4
=
1
2
÷
7
4
=
1
2
×
4
7
=
1 × 4
2 × 7
=
4
14
=
4 ÷ 2
14 ÷ 2
=
2
7
6 hamsters, 3 cats, and 1 bird = 38 legs.
6H + 3C + 1B = 30
H = 4 C = 4 B = 2
6*4 + 3*4 + 1*2 = 38
Hope this helped :)