We are asked to determine the present value of an annuity that is paid at the end of each period. Therefore, we need to use the formula for present value ordinary, which is:

Where:

Since the interest is compounded semi-annually this means that it is compounded 2 times a year, therefore, k = 2. Now we need to convert the interest rate into decimal form. To do that we will divide the interest rate by 100:

Now we substitute the values:

Now we solve the operations, we get:

Therefore, the present value must be $39462.50
Answer:
He chewed 4/10 of the bone
Step-by-step explanation:
Since the 10 will be the denominator you will need to divide it by 2 and get 5. After that you multiply the denominator of 10 and numerator of 1 by 2 and get 4/10
Answer:
picture too bad sorry
Step-by-step explanation:
Answer:
length: 16 m; width: 13 m
Step-by-step explanation:
Write each of the statements as an equation. You know that the formula for the perimeter is ...
P = 2(L +W)
so one of your equations is this one with the value of P filled in:
• 2L + 2W = 58
The other equation expresses the relation between L and W:
• L = W +3 . . . . . . . . the length is 3 meters greater than the width
There are many ways to solve such a system of equations. Since you have an expression for L, it is convenient to substitute that into the first equation to get ...
2(W+3) +2W = 58
4W +6 = 58 . . . . . . . simplify
4W = 52 . . . . . . . . . . subtract 6
W = 13 . . . . . . . . . . . .divide by 4
We can use the expression for L to find its value:
L = 13 +3 = 16
The length is 16 meters; the width is 13 meters.
South America is a subcontinent of the Americas located in the Southern, Western ... with a 2013 population estimated at 386,000,000, according to national estimates of ... By far the most populous country in South America is Brazil, which has ... as high as 8% in the case of Argentina, while unemployment remaining but low
but i would say your answer could be D