All categories

3 years ago

What is the amount of a $4,000.00 annuity due at 12 percent compounded semiannually for 3 years?

Mathematics

1 answer:

Dmitriy789 [7]3 years ago

3 0

Answer:

$ 5674.076

Step-by-step explanation:

The question is on compound interest

The formulae = A= P(1+ r/n) ^nt .......where P is the principal amount, r is the rate of interest in decimal, n is number of compoundings per year and t is the total number of years.

Given; P= $4,000.00 , r=12/100=0.12, n=2 and t=3

Substituting values in the equation A= P(1+ r/n) ^nt

A= 4000 ( 1+0.12/2)^2×3

A=4000(1.06)^6

A=$ 5674.08

You might be interested in

The probability of guessing on four true and false questions and getting all four questions correct

gulaghasi [49]

Answer:

50-50

Step-by-step explanation:

If yoiu have 4 and divide it b

3 0

2 years ago

What are the solutions of 2x2 + 16x + 34 = 0?

Anni [7]

2x^2 + 16x + 34 = 0
x^2 + 8x + 17 = 0
x^2 + 8x + 16 = -17 + 16 = -1
(x + 4)^2 = -1
x + 4 = sqrt(-1) = ±i
x = -4 <span>±</span> i

8 0

2 years ago

Read 2 more answers

Find each of the following for

KATRIN_1 [288]

<h2>Answer:</h2>

(a)

$f(x+ h)=8x+8h+3$

(b)

$f(x+ h)-f(x)=8h$

(c)

$\dfrac{f(x+ h)-f(x)}{h}=8$

<h2>Step-by-step explanation:</h2>

We are given a function f(x) as :

$f(x)=8x+3$

(a)

$f(x+ h)$

We will substitute (x+h) in place of x in the function f(x) as follows:

$f(x+h)=8(x+h)+3\\\\i.e.\\\\f(x+h)=8x+8h+3$

(b)

$f(x+ h)-f(x)$

Now on subtracting the f(x+h) obtained in part (a) with the function f(x) we have:

$f(x+h)-f(x)=8x+8h+3-(8x+3)\\\\i.e.\\\\f(x+h)-f(x)=8x+8h+3-8x-3\\\\i.e.\\\\f(x+h)-f(x)=8h$

(c)

$\dfrac{f(x+ h)-f(x)}{h}$

In this part we will divide the numerator expression which is obtained in part (b) by h to get:

$\dfrac{f(x+ h)-f(x)}{h}=\dfrac{8h}{h}\\\\i.e.\\\\\dfrac{f(x+h)-f(x)}{h}=8$

5 0

3 years ago

Which is the angle of depression from b to c

matrenka [14]

Step-by-step explanation:

that the answer. because it below par

8 0

3 years ago

Find the area of the figure.( sides meet at right angles.)picture below

Tema [17]

You can divide the figure as follows:

A vertical rectangle, 5 meters tall and 2 meters wide, on the top right.
A horizontal rectangle, 2 meters tall and 5 meters wide, on the bottom left
A 2x2 meters square on the bottom right, where the two rectangles meet.

The area of the rectangles is 5x2=10 meters squared, while the area of the square is 2x2=4 meters squared.

So, the total area is 10+4=14 meters squared.

5 0

3 years ago