Answer:
- x-intercept: 82.75
- y-intercept: 2.15
Step-by-step explanation:
A graphing calculator can show you the intercepts.
___
Or you can figure them out.
The y-intercept is where x=0, so is ...
y = log(12·0 +7) -3 = log(7) -3 ≈ -2.1549 ≈ -2.15
___
The x-intercept is where y = 0, so is ...
0 = log(12x +7) -3
3 = log(12x +7) . . . . . . add 3
10^3 = 12x +7 . . . . . . . take the antilog
993 = 12x . . . . . . . . . . subtract 7
993/12 = x = 82.75 . . . divide by the coefficient of x
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.
Answer:
4:30 pm
Step-by-step explanation: 33/2 is 16 1/2 cause 2 goes into 33 16 times with 1 left over two equals half so 16 and 1/2 hours is 4:30 pm
