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.
1/2 is another word for .5 or 50 percent. But if you Multiply 1/2 by 2, you multiply and you'll get 2/2 which reduces down to 1.
61 minus 32= 29 so 29 days are not sunny.hope it helps.
Answer:
Line 1: -2
Line 2: 2
Line 3: 2
Line 1 & 2 is parallel.
Line 2 & 3 is neither.
Step-by-step explanation:
To find the slope of a line use the slope formula and substitute the points into it:
Line 1
Line 2
Line 3
Parallel lines have the same slope and perpendicular lines have negative reciprocal slopes.
Line 1 & 2 is parallel.
Line 2 & 3 is neither.
Answer:
11 degrees
Step-by-step explanation:
Starting from -8 and counting upwards towards 0 then on to 19
-8 , -7 , -6 , -5 , -4 , -3 , -2 , -1 , 0 , 1 , 2 , 3 , 4 , 5 , 6 , 7 , 8 , 9 , 10 , 11 , 12 , 13 , 14 , 15 , 16 , 17 , 18 , 19
