256 is the value
REMEMBER PEMDAS
Answer:
5i√10
Step-by-step explanation:
hope this answers your question
:)
Ummmmmmm yeah..what is this
The +2 goes on the Y-Axis… From
the 2 count up 3 times and go to the right 2 times
To solve this we are going to use the future value of annuity due formula:
![FV=(1+ \frac{r}{n} )*P[ \frac{(1+ \frac{r}{n})^{kt}-1 }{ \frac{r}{n} } ]](https://tex.z-dn.net/?f=FV%3D%281%2B%20%5Cfrac%7Br%7D%7Bn%7D%20%29%2AP%5B%20%5Cfrac%7B%281%2B%20%5Cfrac%7Br%7D%7Bn%7D%29%5E%7Bkt%7D-1%20%7D%7B%20%5Cfrac%7Br%7D%7Bn%7D%20%7D%20%5D)
where

is the future value

is the periodic deposit

is the interest rate in decimal form

is the number of times the interest is compounded per year

is the number of deposits per year
We know for our problem that

and

. To convert the interest rate to decimal form, we are going to divide the rate by 100%:

. Since Ruben makes the deposits every 6 months,

. The interest is compounded semiannually, so 2 times per year; therefore,

.
Lets replace the values in our formula:
![FV=(1+ \frac{r}{n} )*P[ \frac{(1+ \frac{r}{n})^{kt}-1 }{ \frac{r}{n} } ]](https://tex.z-dn.net/?f=FV%3D%281%2B%20%5Cfrac%7Br%7D%7Bn%7D%20%29%2AP%5B%20%5Cfrac%7B%281%2B%20%5Cfrac%7Br%7D%7Bn%7D%29%5E%7Bkt%7D-1%20%7D%7B%20%5Cfrac%7Br%7D%7Bn%7D%20%7D%20%5D)
![FV=(1+ \frac{0.1}{2} )*420[ \frac{(1+ \frac{0.1}{2})^{(2)(15)}-1 }{ \frac{01}{2} } ]](https://tex.z-dn.net/?f=FV%3D%281%2B%20%5Cfrac%7B0.1%7D%7B2%7D%20%29%2A420%5B%20%5Cfrac%7B%281%2B%20%5Cfrac%7B0.1%7D%7B2%7D%29%5E%7B%282%29%2815%29%7D-1%20%7D%7B%20%5Cfrac%7B01%7D%7B2%7D%20%7D%20%5D)
We can conclude that the correct answer is <span>
$29,299.53</span>