Use compound interest formula F=P(1+i)^n twice, one for each deposit and sum the two results.
For the P=$40,000 deposit,
i=10%/2=5% (semi-annual)
number of periods (6 months), n = 6*2 = 12
Future value (at end of year 6),
F = P(1+i)^n = 40,000(1+0.05)^12 = $71834.253
For the P=20000, deposited at the START of the fourth year, which is the same as the end of the third year.
i=5% (semi-annual
n=2*(6-3), n = 6
Future value (at end of year 6)
F=P(1+i)^n = 20000(1+0.05)^6 = 26801.913
Total amount after 6 years
= 71834.253 + 26801.913
=98636.17 (to the nearest cent.)
Answer:
the possible prediction of getting a purple or blue is 2 out of 6
Step-by-step explanation:
(hope this helps can i plz have brainlist :D hehe)
Answer:
15
Step-by-step explanation:
First we have to find the median
The median is 19 when we cross off all the numbers
Now we have 11 12 15 16 and 17 in the first quartile
Cross 11 and 12 and cross 16 and 17, off which leaves you with 15
Answer is option d