Answer:
1. 9/16
2. 39/250
3. 12/15
Step-by-step explanation:
Answer:
5/6 = v + 2/7
Step-by-step explanation:
5/6 = v + 2/7
23/42 - v = 0
5/6 = 1/7 (7 v + 2)
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.
By looking at it, I can tell the second expression is greater due to a a large postive number that's being added to it. Let's solve.
-12+6=-6-4=-10
-34-3=-37+39=2
So, -34-3+39 is greater.
