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.
Answer:
40 dollars the answer is 40!!!
Answer:
The angles in the triangle and 10, 80 and 90
Step-by-step explanation:
The two angles that are left in a right triangle add to 90 degrees
8:1 means that there total is 9
8x+1x = 9x
9x = 90
Divide by 9
9x/9 = 90/9
x = 10
8*10 = 80
1*10 = 10
The angles are 80 and 10
The angles in the triangle and 10, 80 and 90
Answer:
24
Step-by-step explanation:
5(2) + 2(4 + 3)
5 x 2 + 2 x 7
10 + 14 = 24
Here you go! :D
Answer:
-8 km
Step-by-step explanation: