An investment company pays 8% compounded semiannually. You want to have $12,000 in the future. How much should you deposit now
1 answer:
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Answer: The volume is 90.47
Step-by-step explanation:
1. To solve this problem you need to use the formula for calculate the density, which is shown below:
Where is the mass and
is the volume.
2. You must solve for the volume, as following:
3. Now, you must substitute the values of the mas and the density, which are given in the problem. Therefore, you have: