He needs to have $205783 amount of money to receive $5000 every 6 months for 10 years.
<h3>What is Interest ?</h3>
Interest is the amount of money received , when a certain lump sum amount is deposited.
It is given that the person is receiving ,
Interest = $5000 ,
after six months , every six month
Time Period = 10 years
Interest Rate = 4%
Compounded Semiannual
Let the principal amount be $x
Compound Interest is given by
Amount = P[ 1 + r/n]ⁿˣ
Here x is the time period
Therefore the Amount = x{ 1 +0.04/2}²⁰
x + 5000 *20 = x{ 1 +0.04/2}²⁰
x + 100000 = 1.486 x
x = $205783
Therefore he needs to have $205783 amount of money to receive $5000 every 6 months for 10 years.
To know more about Interest
brainly.com/question/13324776
#SPJ1
Answer:
See below
Step-by-step explanation:
1: (b+1)*(3b)*(b-5)
(3b^2+3b)(b-5)
3b^3-15b^2+3b^2-10b
3b^3-12b^2-10b
2: πr^ 2(h/3)
π(n-2)^2(12n/3)
π(n-2)(n-2)(12n/3)
π(n^2-2n-2n+4)(12n/3)
π(n^2-4n+4)(12n/3)
π(n^2-4n+4)(4n)
π(4n^3-16n^2+16n)
<em>(I'm not 100% sure with this one)</em>
3: (lwh)/3
((k-2)(2k+3)(3k))/3
((2k^2-4k+3k-6)(3k))/3
(6k^3-12k^2+9k^2-18k)/3
(6k^3-3k^2-18k)/3
2k^3-k^2-6k
Answer:
Where is "The Following"
Step-by-step explanation:
probably post a pic. next time
Step-by-step explanation:
=2b+9
=2×3+9
=6+9
=15
hope it helps.
