1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Luba_88 [7]
3 years ago
11

Suppose that 2000 is invested at a rate of 2.4% , compounded semiannually. Assuming that no withdrawals are made, find the total

amount after 9 years.
Do not round any intermediate computations, and round your answer to the nearest cent.
Mathematics
1 answer:
gtnhenbr [62]3 years ago
4 0

Answer:

$2479.02

Step-by-step explanation:

The invested amount is $2000 at a rate of 2.4% which compounds semiannually.

Therefore, the semiannual interest rate is \frac{2.4}{2} = 1.2%.

Then the principal is compounded (9 × 2) = 18 times within a period of 9 years.

If there is no withdrawal from the account, then after 9 years the sum will become

2000(1 + \frac{1.2}{100} )^{18} = 2479.02 dollars {Rounded to the nearest cent} (Answer)

You might be interested in
Kara fence needs to reach at least 94 feet. How many fence post will she need ?
Ainat [17]

Answer:

Considering the average fence size is 4 feet Kara will need 24 fences

Step-by-step explanation:

94/4= 23.5

simplified 24

7 0
3 years ago
Please help solve all of these-
lana [24]

Answer:

3−y

2. 8

4.​​2​bh

Step-by-step explanation:

5(2x+y)=15

2 Divide both sides by 55.

2x+y=\frac{15}{5}2x+y=

​5

​

​15

​​

3 Simplify  \frac{15}{5}

​5

​

​15

​​   to  33.

2x+y=32x+y=3

4 Subtract yy from both sides.

2x=3-y2x=3−y

5 Divide both sides by 22.

x=\frac{3-y}{2}x=

​2

​

1. ​3−y

​​ 2. 8

2.Add 2y2y to both sides.

x=-8+2yx=−8+2y

2 Regroup terms.

x=2y-8x=2y−8

7 0
3 years ago
Help with math! Thanks in advance!
ValentinkaMS [17]

Answer:

10 units

Step-by-step explanation:

Volume of 1 cube = 1 unit

A = l³

l =∛1000 = 10 ( 10*10*10=1000)


3 0
3 years ago
What is 0.0044 as a percentege
Rashid [163]
0.0044 as a percentage0.44%
7 0
3 years ago
Help pls no linksill give you briliantest ​
Aneli [31]

Answer:

W=20

A=400

Step-by-step explanation:

90+310 for area

5 0
3 years ago
Other questions:
  • Helpndmdkdkdndnfndndkdkdmd
    11·1 answer
  • Please answer & explain this
    14·1 answer
  • The value of the perimeter of the figure is equal to the value of the area. Find the value of X.​
    12·1 answer
  • There are 4 cups in a quart and 4 quart in a gallon. how many cups are in a 5- gallon jug of water?
    7·2 answers
  • What is 3 divided 162
    11·2 answers
  • G(x)=x+5/2x+1 find g(z+2)
    12·1 answer
  • Which one does not belong<br><br>8 27 64 16​
    14·1 answer
  • Solve the triangle. Round your answers to the nearest tenth.
    14·1 answer
  • What is the value of x when solving the equation Negative 2 x + (negative 8) = 2 x + 8 using algebra tiles?
    14·2 answers
  • What is two thousand,six hundred two in expanded form?
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!