Answer:
im pretty sure its 6 hope i helped
1,2,and 4 are factors that 8 & 12 have in common
Use compound interest formula F=P(1+i)^n twice, one for each deposit and sum the two results.
For the P=$40,000 deposit,
i=10%/2=5% (semi-annual)
number of periods (6 months), n = 6*2 = 12
Future value (at end of year 6),
F = P(1+i)^n = 40,000(1+0.05)^12 = $71834.253
For the P=20000, deposited at the START of the fourth year, which is the same as the end of the third year.
i=5% (semi-annual
n=2*(6-3), n = 6
Future value (at end of year 6)
F=P(1+i)^n = 20000(1+0.05)^6 = 26801.913
Total amount after 6 years
= 71834.253 + 26801.913
=98636.17 (to the nearest cent.)
16. You add 13 to 35 which makes 3y=48. Then to get y by itself you have to divide both sides by 3. 48/3=16.
First, you try to make sure that both the denominators are the same. In order to do this, you multiply both fractions' numerator and denominator by the other fraction's denominator. Next, you combine like terms in the numerator, and then you simplify the fraction.