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stich3 [128]
3 years ago
15

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?

Mathematics
1 answer:
Elodia [21]3 years ago
3 0

Answer:

Initial Deposit = $40,900

Step-by-step explanation:

Working shown in picture.

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4 0
3 years ago
Convert 5.45787878 to a fraction. Simplify
TiliK225 [7]

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Step-by-step explanation:

7 0
3 years ago
You bought a magazine for $3 and two notepads. You spent a total of $13. How much did each notepad cost? *
sweet-ann [11.9K]

Answer:

$5

Step-by-step explanation:

We want to find the cost of a notepad considering a magazine costs $3 and we buy 2 notepads and the total cost of the magazine and the 2 notepads is $13 so we can set up an equation to represent this situation. Let 'n' be notepads and that's the value we are solving for so,

⇒ Form the equation

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⇒ Minus 3 from both sides to isolate 2n

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⇒ Divide both sides by 2 to find the cost of one notepad

→ n = 5

The cost of one notepad is $5 considering that a magazine cost's $3 and two notepads and total is $13.

4 0
2 years ago
The answer is 7/5<br> Please help:)
posledela
1.4 because if you do your math it gives you a sum of 1.4
7 0
2 years ago
Read 2 more answers
The number of students on the football team is 1 3/4 times the number on the basketball team. there are 16 students on the baske
Orlov [11]
Number of students on the football team: 1 3/4x16= 12
There are fewer than 16 on the football team.
There are 12 students in the football team.
8 0
3 years ago
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