Use compound interest formula F=P(1+i)^n twice, one for each deposit and sum the two results.
For the P=$40,000 deposit,
i=10%/2=5% (semi-annual)
number of periods (6 months), n = 6*2 = 12
Future value (at end of year 6),
F = P(1+i)^n = 40,000(1+0.05)^12 = $71834.253
For the P=20000, deposited at the START of the fourth year, which is the same as the end of the third year.
i=5% (semi-annual
n=2*(6-3), n = 6
Future value (at end of year 6)
F=P(1+i)^n = 20000(1+0.05)^6 = 26801.913
Total amount after 6 years
= 71834.253 + 26801.913
=98636.17 (to the nearest cent.)
A certain allergen affects approximately 7 people per 10,000 in the United States. Assuming the U.S. population is approximately 324 million people, how many people suffer from this allergen?
A certain allergen affects approximately 7 people per 10,000 in the United States. Assuming the U.S. population is approximately 324 million people, how many people suffer from this allergen?
Answer:
1.5 feet
Step-by-step explanation:
there are three feet in a yard, so 8*3= 24, and 24/16=1.5 feet of ribbon used for each bow
If 1 inch equals 20miles then 8 inches equals 20 x 8 = 160 miles.