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vampirchik [111]
3 years ago
11

Find the accumulated value of an investment of 12,000 at 8 % compounded semiannually for 11 years

Mathematics
1 answer:
AleksAgata [21]3 years ago
4 0
The "compound amount" formula is A = P(1+r/n)^(nt),
where P=original investment, r=interest rate as a decimal fraction; n=number of compounding periods, and t=number of years.

Then A = $12000 * (1+0.08/2)^(2*11) 
             = $12000(1.04)^(22)  =  $28,439.03  (answer)
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Answer:

y-1=2(x+4) or y=2x+9

Step-by-step explanation:

y - 3 = 2(x + 7)

y=mx+b

m=2

(x1,y1) -> (-4, 1)

(y−y1)=m(x−x1)

plug in

y-1=2(x+4)

y-1=2x+8

y=2x+9

test:

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4 0
2 years ago
In Ryan Corporation, the first shift produced 5 1/2 times as many lightbulbs as the second shift. If the total lightbulbs produc
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Answer:

13750

Step-by-step explanation:

Let 'x' be the number of bulbs produced in second shift

Number of bulbs produced in 1st shift= 5.5x

Total number of bulbs= 5.5x+x

16250=5.5x+x

x=2500

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7 0
3 years ago
Gareth has $2,000 to invest. Putting the money in a savings account at his local bank will earn him 2.2% annual interest and giv
strojnjashka [21]

Gareth has $2,000 to invest. Putting the money in a savings account at his local bank will earn him 2.2% annual interest.

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Interest earned in online account = 2000 * 4.85% = 2000 * 0.0485 = 97

He will be charged $3 every time he makes an ATM withdrawal.

In online account, the interest is 97 . If he withdraws 18 times then

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Therefore, 18 ATM withdrawals make local savings account to be a better deal than the online savings account every year.

3 0
3 years ago
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3 years ago
I need help! operations with mixed numbers
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Answer:

your answer is (B) 2 2/9

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