Answer:
$0.84
Step-by-step explanation:
120.96/144= 0.84
He needs to have $205783 amount of money to receive $5000 every 6 months for 10 years.
<h3>What is Interest ?</h3>
Interest is the amount of money received , when a certain lump sum amount is deposited.
It is given that the person is receiving ,
Interest = $5000 ,
after six months , every six month
Time Period = 10 years
Interest Rate = 4%
Compounded Semiannual
Let the principal amount be $x
Compound Interest is given by
Amount = P[ 1 + r/n]ⁿˣ
Here x is the time period
Therefore the Amount = x{ 1 +0.04/2}²⁰
x + 5000 *20 = x{ 1 +0.04/2}²⁰
x + 100000 = 1.486 x
x = $205783
Therefore he needs to have $205783 amount of money to receive $5000 every 6 months for 10 years.
To know more about Interest
brainly.com/question/13324776
#SPJ1
6 x 2 minus 20 because 6 x 2 is in parenthesis so it comes first
The answer to this question would be B. 5 2/4 hours. We can figure this out by adding up all of the times that were marked in the chart.
I hope this helped! :-)
Answer: 4(5+2) or 4(2+5)
Step-by-step explanation:
8 = 2*2*2
20 = 2*2*5
4(5+2) = 20+8