Answer:
If there are 2 quarters for every 3 nickels,
then there are
quarters.
If there are 2 dimes for every quarter,
then there are
dimes.
If the number of pennies and nickels together are equal to the number of dimes, then there are
pennies.
You could add 6 togetber 17 times? Sorry for the stupid answer I couldn't think of anything else I searched it up and I couldn't find anything at all
Answer:
<u>The future value of the investment after 10 years is $ 29,240.53</u>
Step-by-step explanation:
1. Let's review the information given to us to answer the question correctly:
Principal = $ 17,500
Interest rate = 5.2% = 0.052 compounded semiannually
Time = 10 years = 20 semesters
2. What is the future value of the investment after 10 years?
Let's use the formula of the Future Value, to calculate it for this investment:
FV = P * (1 + r) ⁿ
Let's replace with the real values:
FV = 17,500 * (1 + 0.052/2)²⁰
FV = 17,500 * 1.670887521
<u>FV = 29,240.53</u>