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Sergio039 [100]
3 years ago
12

Someone answer this please

Mathematics
1 answer:
Mice21 [21]3 years ago
5 0

Answer:

Which one?

Step-by-step explanation:

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Please helpppppp
melomori [17]

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.

6 0
2 years ago
The slope of a line parallel to y=2x+1 is 2
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2 years ago
WHOEVER ANSWERS CORRECTLY I'LL GIVE BRAINLIEST!!!!!!!!!
Gennadij [26K]

Answer:

5^1^5

Step-by-step explanation:

\frac{(5^3)^9}{5^1^2}

=\frac{5^2^7}{5^1^2}

=5^1^5

8 0
2 years ago
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