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:
40.50 is correct answer according to me
To find the answer:
2books x 3pictures = 6books
Toby read 6 books in month one.
M<6 is 60
Since AC and BD are parallel, <6 and <4 are supplementary.
supplementary means = 180 degrees
Since m<6 is 60 degrees, subtract 60 from 180 to get <4
180 - 60 = 120
M<4 is 120
hope this helps
Answer:
Step-by-step explanation: I did a formula to get the answer
2x-10=5x-100
2x=5x-90
I subtracted 100-10 and then got 90
3x=90
3x/3x=90/3
x=30