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Lelu [443]
3 years ago
9

If the interest is compounded semiannually, look up on the chart half the rate and twice the years. If the interest is compounde

d quarterly, look up one-fourth the rate and four times the years. What is the total amount and the amount of interest earned on $6,500 at 6% for 25 years?
Business
1 answer:
Radda [10]3 years ago
4 0

Answer:

if the interest is compounded annually:

$6,500 x (1 + 6%)²⁵ = $27,897

interest earned = $27,897 - $6,500 = $21,397

if the interest is compounded semiannually:

$6,500 x (1 + 3%)⁵⁰ = $28,495

interest earned = $28,495 - $6,500 = $21,995

if the interest is compounded quarterly:

$6,500 x (1 + 1.5%)¹⁰⁰ = $28,808

interest earned = $28,808 - $6,500 = $22,308

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Can i dispute a credit card charge that i willingly paid for.
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Basel lll mainly focuses on _.​
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3 years ago
How does Lincoln honor the battle of Gettysburg in his address? What did the soldiers fight for in his opinion?
Pani-rosa [81]

Answer:

a. He honors the battle in his address using the following words, ''Now we are engaged in a great civil war, testing whether that nation or any nation so conceived and so dedicated, can long endure. We are met on a great battle-field of that war.''

b. In his opinion the soldiers fought for freedom, equality and human rights.

Explanation:

The Gettysburg address was a short speech made by Abraham Lincoln on November 19, 1863 at the official dedication ceremony in Pennsylvania at the site of the battle field after the civil war. It was a declaration of freedom and independence and further cemented the soldiers sacrifice for equality and human rights.

He honored the battles by reiterating that the sacrifice made by the soldiers will not be in vain. This he does by saying that the soldiers themselves whether alive or dead have already consecrated the ground of battle and no further addition or detraction is needed. This meant that the battles itself was proof enough that the nation was ready for independence and justice.

Additionally, he also stated that the soldiers fought for freedom and the government for the people, by the people and of the people. This in other words means that the soldiers fought for democracy, where everyone is equal under the law. That equality and justice is the foundation upon which this newly independent nation has been built.

6 0
3 years ago
On August 1, 2018, Deeva, Inc., sold equipment and accepted a six-month, 9%, $50,000 note receivable. Deeva's year-end is Decemb
Bingel [31]

Answer:

$1,875

Explanation:

Given that,

Amount of note receivable = $50,000

Time period = 6 month

Interest rate = 9%

Interest amount:

= Principle amount × Interest rate × Time period

= $50,000 × 0.09 × (6/12)

= $2,250

Interest Accrued from 1 August to 31 December :

= (Interest amount ÷ 6 months) × 5 months

= ($2,250 ÷ 6 months) × 5 months

= $375 × 5 months

= $1,875

4 0
3 years ago
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