5700 is compounded semiannually at a rate of 15% for 12 years

Mathematics

1 answer:

Rama09 [41]2 years ago

4 0

Answer:

$32,335.38

Step-by-step explanation:

You are going to want to use the compound interest formula, which is shown below.

$P(1+\frac{r}{n} )^{nt}$

P = initial balance

r = interest rate

n = number of times compounded annually

t = time

Now lets plug in the values into the equation:

$5,700(1+\frac{.15}{2})^{12(2)}$ = 32,335.38

Your answer is $32,335.38

You might be interested in

Which group was founded to prevent African Americans from exercising their civil rights? the Whig Party the Ku Klux Klan the Pop

Cloud [144]

The group founded to prevent African Americans from exercising their civil rights was the Ku Klux Klan.

Explanation:

The Civil Rights Act of 1866 made African Americans(Radical Republicans) citizens of the US, prohibiting them from discriminating, which must be enforced in federal courts.

The Ku Klux Klan, generally known as the KKK or Klan, is an American white supremacist party that has the main goal of targeting the African people. The three eras of Klan are namely,

First Klan: 1865–1871

Second Klan: 1915–1944

Later Klans: 1950s–present

Each era has favored radical reactionary positions, such as white nationalism, anti-immigration and, in particular, the subsequent revivalism: Nordism and anti-Catholicism.

3 0

2 years ago

Read 2 more answers

Factor completely. y2 - xy - 56x2

aliina [53]

For this case we have the following expression:
y2 - xy - 56x2
Rewriting we have the factored expression, which is given by:
(7x + y) (y-8x)
Checking we have:
7xy - 56x ^ 2 + y ^ 2 - 8xy
y ^ 2 - xy - 56x ^ 2 (OK)
Answer:
The factored expression is given by:
y2 - xy - 56x2 = (7x + y) (y-8x)

5 0

2 years ago

Help me please answer thanks please don’t put random stuff

ipn [44]

Answer:

what is the question

Step-by-step explanation:

8 0

1 year ago

Exponential form 1 x 1 x 1 x 1 x 1 x 1 x 1 x 1

Blababa [14]

Answer: