Given rate is = 7% or 0.07
Total amount needed = $12000
Time = 4 years
Here, the deposit is compounded semiannually, means twice per year and this gives 8 annual compounding periods in 4 years.
The equation becomes:
P= 
P = 
Solving it, we get P = $ 9112.93
Hence $9112.93 should be deposited today.
Answer:
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Step-by-step explanation:
98yfgouyfuchkgcbvkhgcihdiytdiytditdytdiytdityghvhgcxdfsrtyuhkjbhcgfdxzsaewrsdxfhgyujkhjmnb cvngfjkhji
well let's round. 90= 100, 75=80 that is how I face it. now 80 is 1/5 of 5/5= 100. so as a (%) we would sort it like:::: it is 80% out of +100 so he must have grown around 13%-16% due to him being 75kg in the past.
Answer:
5/7
Step-by-step explanation:
The answer is A. To understand that, you need to put it in order by the x's and the y's to get x^2-6x + y^2-16y = -48. Now complete the square on both the x and the y terms to get (x^2-6x+9) +(y^2-16y+64) = -48+9+64. Rewriting that in vertex form on the left and doing the math on the right gives you
(x-3)^2 + (y-8)^2 = 25, which shows you a center of (3,8) and a radius of 5.
