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
Yes it is a function
Y=x(x-1)
X(x-1)
X to the 2nd power -1x
Hope that’s helps
The next term in the sequence is double the previous term . so it would be the 3rd option (48,96,192)
6+5=11+5=16+5=21
3+6=9+6=15+6=21
It will take Marco and Sophie 3 hours to get the same amount of money. The amount of money they will have will be $21.
Answer: a rectangular prism
Step-by-step explanation: