Answer:
41.5?
Step-by-step explanation:
is that it to the question or is there more?!?!
Answer:
Step-by-step explanation:
A man steps out of a plane at 4,000m of height above the ground.The point at which he jumps out of the plane would make a good reference point. However, if his acceleration is going to change as a result of him opening his parachute 2000m above the ground, a good reference point would be there. Keep in mind though, that his velocity at that instant would need to be known for it to be useful- otherwise the airplane reference point would be just as good with appropriate modeling....
I believe the answer is 5.9
24÷9=2.67.....................
Principal amount= $3,500.00
Annul interest rate= 3%
Numbers of years= n =20,
compounded semiannually
Solution:
Use the semiannual compounding period to express the effective semiannual rate which is 3%/2 = 1.5% per 6 month period.
Now there are n=2(no. of years) semiannual periods for given cash flow
n=2*20
n=40 semiannual periods
Now,
F=P( F/P,1.5%,40)
F=$3500(1.8140) , (1.8140 is the value get from table at 1.5% interest for n=40)
F=6,349.00 is the amount in bank after 20 years, compounded semiannually.
You can also do this problem by another method which is
first find the compound interest by using the formula
I=((1+i/n)^n)-1.........3
i=3%=0.03
n=20
So, by putting values in the above formula 3, you get
I=(1+0.03/20)^20-1
I=1.031-1
I=0.030403
I=3.043%
F=P(F/P,i%,n)
F=$3500(F/P,3.043,20)
When you use this interest( I )then you will need interpolation if the I value is not in the economics table
F=6,349.00
The answer will remain same as get by above method.
