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:
Step-by-step explanation:
-3(y²+4y+4)-5+6y
=-3y²-12 y-12-5+6 y
=-3y²-6y-17
Answer:
Infinite
Step-by-step explanation:
3(4x + 1) - 2
= 12x + 3 - 2 (Multiply the sum in the bracket by 3)
= 12x + 1 (Simplify)
This means that:
12x + 1 = 3(4x + 1) - 2
is the same as
12x + 1 = 12x + 1
Hence, anything that is used to substitute x is correct.
Well it would just be 54 since you just need to move the decimal over by 1.
So 5.4x10= 54
Answer:
If it suppose to be |3+-19| then the answer is 16
Step-by-step explanation:
