1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
marta [7]
3 years ago
11

Please help!!!

Mathematics
1 answer:
svetoff [14.1K]3 years ago
3 0

Answer:

Step-by-step explanation:

<u>Compound Interest</u>

It's the type of financial calculations that includes the interest of previous periods into the new interests earned by some initial investment or principal P.

If we want to compute the final value FV of a series of n payments R at a fixed compound interest rate i, then

FV=F_m\cdot R

Where

\displaystyle F_m=\frac{(1+i)^n-1}{i}

The question provides us the following data

i=10% compounded twice a year

n=3 1/2 years

FV=15,000

We need to convert the number of periods and the interest rate to a semester base:

\displaystyle i=\frac{10}{100\cdot 2}=0.05

n=3.5\cdot 2= 7\  semesters

Let's calculate Fm

\displaystyle F_m=\frac{(1+0.05)^7-1}{0.05}=8.142

Knowing that

FV=F_m\cdot R

Solving for R

\displaystyle R=\frac{FV}{F_m}=\frac{15,000}{8.142}=1,842.30

Sara should deposit $1,842.30 twice a year to have the down payment for her own restaurant

You might be interested in
Michael works 30 hours per week and makes $15.00 per hour. How much does he make in a 4-week month?
Wewaii [24]

Answer:

$1,800

Step-by-step explanation:

If Michael works 30 hours a week for $15 an hour we can use the equation:

15 x 30 = 450.

Now just multiply the given answer by 4 and you're left with:

450 x 4 = 1800.

4 0
2 years ago
Find the volume of a cube where the length of each side is 6 centimeters.
Marrrta [24]

hope it will help u..........

6 0
3 years ago
Translate the sentence into an inequality.
grigory [225]

Answer:

8b + 27 ≤ - 29

Step-by-step explanation:

Sum of a number can be written as x or in this case as b because it is an unknown number.

b is multipled by 8 so 8b

"and 27" indicates an addition so therefore, 8b + 27

"at most -29" This is a little bit tricky but ultimately it means 8b + 27 cannot be more than -29. Therefore, it must be lesser than.

However there is a line underneath that lesser than sign meaning lesser than or equal to. I believe that "at most" indicates equal to.

Other than the lesser than or equal to sign I'm unsure about, this inequality should be correct.

6 0
3 years ago
Plz help me with this question​
Hunter-Best [27]

Answer:

i have no idea girl or boy

Step-by-step explanation:

3 0
3 years ago
Help ASAP pls giving brainliest
inna [77]
After arranging the data from least to greatest:

Q1: 12.5
Q3: 16
IQR ( Q3-Q1) : 3.5
6 0
3 years ago
Other questions:
  • Solve step by step for k. k/2+1/2=3
    11·1 answer
  • What is the solution to this question
    14·2 answers
  • To the nearest degree, what is the measure of each exterior angle of a regular octagon? O A. 45° O B. 30° O C. 51o O D. 60°
    10·2 answers
  • Plz help me answer the whole page
    11·1 answer
  • Find the component form for vector AB given the initial point A (1, 7, -9) and terminal point B (-2, 18, 4).
    5·1 answer
  • Sodium hydroxide (NaOH) and hydrochloric acid (HCl) react to form sodium chloride (NaCl) and water according to the equation:
    9·2 answers
  • Which elements comprise an alcohol functional group?
    12·1 answer
  • An olympic-size swimming pool is a rectangle that measures 50 meters in length and 25 meters in width.
    8·1 answer
  • Can you guys help me​
    15·1 answer
  • Solve for x.<br> x/3 + 2=16
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!