Starting: 46.75
After 55% discount: 21.04
Total: $21.04
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.
Hopes this helps:
Answer: x = -10/7
1. Simplify 2 • 2 to 4
4 + 7x + 6 = 0
2. Simplify 4 + 7x + 6 to 7x + 10.
7x + 10 = 0
3. Subtract 10 from both sides.
7x = -10
4. Divide both sides by 7.
X = -10/7
Answer:
1,620/.60 = $2,700
step-by-step explanation:
Calculate the complement of the trade discount 100% - 40 = .60 •Calculate the list price $n Discount Rates EXAMPLE: The list price of the office equipment is $15,000. The chain discount is 20/15/10.Step 1. $15,000 X .20 =$3,000Step 2. $15,000-3,000=$12,000 X .15 = $1,800Step 3. $12,000-1,800 = $10,200 X.10 = $1,020Step 4. $10,000- 1,020 = 9,180 Net PriceCalculating Net Price Using Net Price Equivalent Rate EXAMPLE: The list price of office equipment is $15,000. The chain discount is 20/15/10. What is the net price? Step 1. Calculate each rates complement and convert to a decimal.100%-20 = 80% which is .8100%-15= 85% which is .85100% -10 = 90% which is .9Step 2. Calculate the net price equivalent rate. ( Do not round ).8 X .85 X .9 = .612 Net price equivalent rate. For each dollar you are spending about 60 cents.Step 3. Calculate the net price (actual cost to buyer) $15,000 X .612 = $9,180Step 1. Subtract each chain discount rate from 100% (find the complement) and convert each percent to a decimal.Trade Discount AmountList price x Trade discount rate = Trade discount amount $5,678 x 25% = $1,419.50Net Price List price -- Trade discount amount = Net Price
Answer:
The value of the variable 'b' is 3 and GH is 9
Step-by-step explanation:
Given:
H is between G and I
Such that G - H - I
To Find:
GH = ?
Solution:
On Substituting HI we get
Substituting 'b' in HI and GI we get
Now, by Line Addition Property we get
Substituting 'HI' and 'GI' we get
The value of the variable 'b' is 3 and GH is 9
