The formula is
A=p (1+r/k)^kt
A fund needed 30000
p Amount invested?
R interest rate 0.1
K compounded semiannual 2
T time 1 year
Solve the formula for p to get
P=A÷(1+r/k)^kt
P=30,000÷(1+0.1÷2)^(2×1)
P=27,210.88
Answer:
90,000
Step-by-step explanation:
Sorry I can’t see the picture it’s blurry for me
Answer: 6
<u>Order the Numbers</u>
Before: 4, 6, 1, 9, 12, 3, 11, 2
After: 1, 2, 3, 4, 6, 9, 11, 12
<u>Add</u>
1+2+3+4+6+9+11+12=48
Sum: 48
<u>Divide</u>
48÷8=6
Mean: 6