Melissa's father is planning to open a savings account to pay for Melissa's college education. He has found a bank that will pay
11 percent interest compounded semi-annually. How much will he need to deposit initially so that in 5 years the balance will be $116,000?
1 answer:
Answer:
Initial Deposit = $40,900
Step-by-step explanation:
Working shown in picture.
You might be interested in
the answer Is b and c
Step-by-step explanation:
because I did it
The answer is
x=10+2y
Steps:
2(x-2y)=20
x-2y=20/2 (in fraction form 20/2)
x-2y=10
X=10+2y
Answer:
The possible answers are
-2,-1,0,1,2,3,4 and 5
Answer:
1,2,3,4,5,6,7,8,9,10
Step-by-step explanation:
1 x 1 is always gonna be the number 1 is multiplied by
ex:
if the problem is 1 x 9 then it would be 9
Answer:
here u go
Step-by-step explanation:
