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Vikentia [17]
3 years ago
10

Please helpppppp

Mathematics
1 answer:
melomori [17]3 years ago
6 0

Given Information:

Years = t = 35

Semi-annual deposits = P = $2,000

Compounding semi-annually  = n = 2

Interest rate = i = 6.5%  

Required Information

Accumulated amount  = A = ?

Answer:

Accumulated amount  = $515,827

Step-by-step explanation:

The future value of amount earned over period of 35 years and interest rate 6.5% with semi-annual deposits is given by

FV = PMT * ((1 + i/n)^nt - 1)/(i/n))

Where  

n = 2

i = 0.065

t = 35

FV = 2000*((1 + 0.065/2)^2*35 - 1)/(0.065/2))

FV = 2,000*(257.91)

FV ≈ $515,827

Therefore, Anthony will have an amount of $515,827 when he retires in 35 years.

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White raven [17]

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y=\frac{1}{4p}(x-h)^2+k

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6 0
1 year ago
How to write and equation to find the answer ???
Schach [20]
If Karen works 1 hour, she prepares 2 kg of dough.
If Karen works 2 hours, she prepares 2 kg + 2 kg of dough.
Maybe you can see where this is going.
If Karen works 3 hours, she prepares 2 kg + 2 kg + 2 kg of dough.

If Karen works h hours, she prepares 2 kg + 2 kg + ... + 2 kg of dough, where the number of instances of 2 kg is equal to h.

Early in your math career, you learned that repeated addition can be represented by multiplication. That is, when Karen works 3 hours, she prepares 3*(2 kg) of dough. It is not that big of a stretch to see that when Karen works h hours, she will prepare h*(2 kg) of dough.

Karen's output = h*(2 kg) . . . . . . an equation for finding the amount of dough

You are asked to solve this when h=5.

Karen's output = 5*(2 kg) 
Karen's output = 10 kg

If she works 5 hours, Karen can prepare 10 kg of dough.
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