Answer:
Amount she would have in 2 years at a simple interest of is
$5000 + ($5000 x 0.048 x 2) = $5480
Amount she would have in 2 years at a 4.1 % / year compounded semi- annually is :
$5000 x ( 1 +0.041/2)^4 = $5422.78
the first option yields a higher value in two years when compared with the second option. Thus, the first option is the best one to choose
Step-by-step explanation:
Future value with simple interest = principal + interest
Interest = principal x interest rate x time
0.048 x 5000 x 2 = 480
future value = $480 + 5000 = $5480
The formula for calculating future value with compounding:
FV = P (1 + r)^nm
FV = Future value
P = Present value
R = interest rate
m = number of compounding
N = number of years
5000 x ( 1 + 0.041 / 2)^(2 x 2) = $5422.78
Answer:
Photomath
Step-by-step explanation:
18$-8$book=20pencils that were 10$.
and Brian had 80 cards work: 80÷2= 40+10 new cards=50 cards
You want to find R. From angle R, you know the side lengths for opposite and hypotenuse. According to SohCahToa, that is sine. Sin (x) = Opposite / Hypotenuse = 2.5 / 5 = 0.5
Sine(x)=.5. To get x by itself divide both by the inverse of sine.
