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3 years ago

Number 25 I need help me with this one

Mathematics

2 answers:

andreyandreev [35.5K]3 years ago

5 0

3 percent because it is 3000 more

Ganezh [65]3 years ago

4 0

Answer: It increased by 3,000 which is a 15% increase of 20,000

Step-by-step explanation: You divide the increase with the original answer which in this case is 20,000 so it would be 3,000 divided by 20,000 which is 0.15 then you multiply 0.15 and 100 and you would get 1500, then you move your decimal two places to the left then your final answer will become 15.00 or 15%

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A student desired to invest $1,540 into an investment at 9% compounded semiannually for 6 years. With all else equal, what is th

irga5000 [103]

Answer:

The future value of this initial investment after the six year period is $2611.6552

Step-by-step explanation:

Consider the provided information.

A student desired to invest $1,540 into an investment at 9% compounded semiannually for 6 years.

Future value of an investment: $FV=P(1+r)^n$

Where Fv is the future value, p is the present value, r is the rate and n is the number of compounding periods.

9% compounded semiannually for 6 years.

Therefore, the value of r is: $r=\frac{0.09}{2}=0.045$

Number of periods are: 2 × 6 = 12

Now substitute the respective values in the above formula.

$FV=1540(1+0.045)^{12}$

$FV=1540(1.045)^{12}$

$FV=1540(1.69588)$

$FV=2611.6552$

Hence, the future value of this initial investment after the six year period is $2611.6552

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vivado [14]

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2 years ago

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Virty [35]

Answer:

Statement: Reason:

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Answer:

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Step-by-step explanation:

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