1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
masha68 [24]
3 years ago
7

John invested $17,500 that

Mathematics
1 answer:
babymother [125]3 years ago
6 0

Answer:

<u>The future value of the investment after 10 years is $ 29,240.53</u>

Step-by-step explanation:

1. Let's review the information given to us to answer the question correctly:

Principal = $ 17,500

Interest rate = 5.2% = 0.052 compounded semiannually

Time = 10 years = 20 semesters

2. What is the future value of the investment after 10 years​?

Let's use the formula of the Future Value, to calculate it for this investment:

FV = P * (1 + r) ⁿ

Let's replace with the real values:

FV = 17,500 * (1 + 0.052/2)²⁰

FV = 17,500 * 1.670887521

<u>FV = 29,240.53</u>

You might be interested in
Multiply 5x^3(2x^4-x^3+3)
julia-pushkina [17]

Answer:

10x^7-5x^6+15x^3

Step-by-step explanation:

Distribute the 5x^3 to all the terms

8 0
3 years ago
Write 8.77 as a mixed number, reduced to lowest terms.
zubka84 [21]
Converting a decimal to a mixed number is very simple when you get the hang of it. Since 8 is before the decimal, that is your number in the mixed number. For the fraction part, it's 77/100. The denominator is 100 because when you count the decimal places, it goes to hundredths. 77/100 is already in simplest form, so your final answer is 8 77/100.
8 0
3 years ago
G(x) = 1/3 * (2/9)^x. Does the function model growth or decay?
ElenaW [278]
The function models Exponential Decay due to the fact that as

x -> infinity, y-> 0

4 0
3 years ago
Four and one half times five and one half
zzz [600]
Where is the question
3 0
3 years ago
Read 2 more answers
Someone pls help what would this slope be ?
tekilochka [14]

Answer:

-3/5x

Step-by-step explanation:

It is a negative slope and use rise over run

5 0
2 years ago
Other questions:
  • A group of 55 football players were polled about which synthetic grass they like to play on, Chemstrand or Chemgrass. The data f
    6·2 answers
  • WILL MARK BRAINLIEST! identify the equation in point slope form
    9·1 answer
  • I WILL GIVE BRAINLIEST AND THANKS
    7·1 answer
  • Question 36 of 40
    8·1 answer
  • Round to the nearest ten and hundred 363
    6·1 answer
  • I can’t figure this one out! Someone please help
    6·2 answers
  • If you go out to eat with 3 friends and your meal was $72.50, what should you leave for gratuninty if you want to tip your waite
    6·1 answer
  • Middle school algebra 1
    15·1 answer
  • Find the sale price when the original price is $91.00 and the discount rate is 13%
    8·2 answers
  • How many solutions does this linear system have?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!