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3 years ago

If an account is increasing at a rate of 3.3% compounded semiannually, what is the exact value of in the following present value

Mathematics

1 answer:

aliya0001 [1]3 years ago

5 0

Answer:

The correct answer is C. 0.033/2

Step-by-step explanation:

1. Let's review the data given to us for solving the question:

Annual interest rate = 3.3% compounded semiannually

2. Let's find the exact value of the rate:

Number of periods (n) = n/2, given that periods are semesters and not years

Annual interest rate (r) = 3.3% = 3.3/ 100 = 0.033

For using the correct value in the present value annuity formula, we also have to divide the annual interest rate because the interest is compounded semiannually or every six months, what it means:

0.033/2

The correct answer is C. 0.033/2

You might be interested in

What is the parallel line for (0,4) and y=3/2x+3

pochemuha

The parallel line to y = $\frac{3}{2}$ x + 3 and passes through

the point (0 , 4) is y = $\frac{3}{2}$ x + 4

Step-by-step explanation:

Parallel lines have:

1. The same slopes

2. The different y-intercept

The slope-intercept form of the linear equation is y = m x + c, where

m is the slope of the line and c is the y-intercept

We need to find the equation of the line that is parallel to

y = $\frac{3}{2}$ x + 3 and passes through the point (0 , 4)

∵ The two lines are parallel

∴ Their slopes are equal

∵ The equation of the given line is y = $\frac{3}{2}$ x + 3

∵ The form of the equation is y = m x + c

∴ m = $\frac{3}{2}$

∴ The slope of the line is $\frac{3}{2}$

∵ The equation of the line is y = mx + c

∵ m = $\frac{3}{2}$

∴ The equation of the line is y = $\frac{3}{2}$ x + c

- To find c substitute x and y in the equation by the coordinates of

a point lies on the line

∵ The line passes through the point (0 , 4)

∴ x = 0 , y = 4

∴ 4 = $\frac{3}{2}$ (0) + c

∴ c = 4

∴ The equation of the line is y = $\frac{3}{2}$ x + 4

The parallel line to y = $\frac{3}{2}$ x + 3 and passes through

the point (0 , 4) is y = $\frac{3}{2}$ x + 4

Learn more:

You can learn more about equations of parallel lines in brainly.com/question/8628615

#LearnwithBrainly

8 0

3 years ago

3/2 + y/3 = 2 what is y

Juliette [100K]

3/2+y/3=2
3/2+y=2.3
3/2+y=6
3/2-6=-y
3-12/2=-y
-9/2=-y
-9/-2=y
9/2=y
4.5=y

4 0

4 years ago

4) Solve the inequality: -10m>70

dlinn [17]

Answer:

m:-7.1 or greater

Step-by-step explanation:

Given function:

-10m>70

negative+negative=positive...

Find what is greater than 70 would be the correct match for m:

-10·-8=80
-10·-9=90
-10·-10=100

m=-7.1≥7.1

3 0

3 years ago

Explain why 2-81273-05213-8 is an invalid UPC number.

sammy [17]

Answer:

Part 1) Is not a valid code

Part 2) The last digit should be 6 in order to make it a valid code

Step-by-step explanation:

we have

2-81273-05213-8

we know that

The last number is the check digit (8)

Verify the UPC number

step 1

Sum the digits in the odd positions, starting at the left

2+1+7+0+2+3=15

step 2

Multiply the answer in step 1 by 3

15(3)=45

step 3

Sum the numbers in the even positions, ignoring the last (12th) digit because that is the check digit that you are verifying

Do not multiply this number by 3.

8+2+3+5+1=19

step 4

Add the results from steps 2 and 3

45+19=64

step 5

Subtract the number in step 4 from the next higher multiple of 10. In this example, the next multiple of 10 after 64 is 70, so subtract 64 from 70:

70-64=6

This number is not equal to the check digit (8)

therefore

Is not a valid code

The last digit should be 6 in order to make it a valid code

8 0

4 years ago

USING A STIMULATION: A medicine is effective for 80% of patients. The table shows 30 randomly generated numbers from 0 to 99. Us

Ganezh [65]

Answer: 100

Step-by-step explanation: i think

3 0

4 years ago