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Llana [10]
3 years ago
7

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

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Select the correct answer.<br> Which statement is correct with respect to f(x) = -3|x − 1| + 12?
professor190 [17]

Answer:

Opt. D.

Step-by-step explanation:

To solve this problem we need to focus our attention in the abs(x-1) function,

If x>1, then abs|x-1|= x-1, if x<1 then abs|x-1|= 1-x. And in the two intervals, the function opens upwards.

But our function has -3 multiplying abs|x-1|, This means that our function opens downward.

The vertex point can be found when x=1, since abs(x-1)=0. this gives f(1)=12

5 0
4 years ago
Is Andrew correct or incorrect explain
madam [21]
<h2>Andrew is incorrect </h2>

because 2^28 = 268,435,456

<h2>follow me</h2>
8 0
3 years ago
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statuscvo [17]
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6 0
3 years ago
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Your baseball team has won 6 games and lost 4 games. If the team does not lose any more games, how many games must the team win
irakobra [83]
You lost 4 but you don't loose anymore
You won 6 and you keep on winning more games.
Since you don't loose anymore games, in the ratio 2:1, you would replace the "1" with 4 and replace the 2 with 6+n.
the ratio is currently 6+n:4
Note that (6+n) has to be twice as much as 4.
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4 0
3 years ago
2. The number of nickels that Christine has is
aev [14]

Answer:

The number of nickels is  15

The number of Dimes is 3

Step-by-step explanation:

Let the number of dimes  Christine has be d

The number of nickels with christine be n

Then the number of Nickels  Christine has will be  

n = 5d ----------------------------------(1)

Now The total value of both dimes and nickels is  = $1.05

This can be represented as

5n +10d = 105  (in cents)

From eq(1)

5(5d) + 10d = 105

25d+10d = 105

35d = 105

d = \frac{105}{35}

d = 3----------------------------------(2)

Substituting (2) in (1), we get

n = 5(3)

n = 15

7 0
3 years ago
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