Ask question

Ask question

All categories

Nutka1998 [239]

2 years ago

12

suppose that $2,000 is loaned at a rate of 18.5% compounded semi-annually assume that no payments are made find the amount after

3 years

1 answer:

pogonyaev2 years ago

6 0

Answer: 2000(1+0.185/2)to the power of 3/2

= $2283.82

Step-by-step explanation: compounded interest is A= P(1 +r) the to power of N

So assuming semi annually means twice a year

2000(1+0.185/2)to the power of 3/2

You might be interested in

What would be the critical value for a two-tailed, one-sample t test with 26 degrees of freedom (df = 26) and an alpha level (p

Alika [10]

Answer: The critical value for a two-tailed t-test = 2.056

The critical value for a one-tailed t-test = 1.706

Step-by-step explanation:

Given : Degree of freedom : df= 26

Significance level : $\alpha=0.05$

Using student's t distribution table , the critical value for a two-tailed t-test will be :-

$t_{\alpha/2, df}=t_{0.025,26}=2.056$

The critical value for a two-tailed t-test = 2.056

Again, Using student's t distribution table , the critical value for a one-tailed t-test will be :-

$t_{\alpha, df}=t_{0.05,26}=1.706$

The critical value for a one-tailed t-test = 1.706

6 0

2 years ago

On Dec. 4, 1998, sunrise was at 6:58 and sunset was at 4:12.

zhuklara [117]

The length of the daylight was 9 hr 10 min

6 0

2 years ago

Given the measures of three angles of a triangle, explain how to find the ratio of the lengths of two sides of the triangle.

pantera1 [17]

You can let the sides be a and b. You can then use the Law of Sines to create an equation relating the two sides and the angles opposite them, and finally isolate a/b.

8 0

1 year ago

The expression <img src="https://tex.z-dn.net/?f=%28%20x%5E%7B1%2F2%7Dy%5E%7B-2%2F3%7D%29%5E-6%20%20" id="TexFormula1" title="(

forsale [732]

Y ^(-2/3)^-6 = y^12/3 = y^4

x^(1/2)^ -6 = x^-3 = 1 x^3

so the answer is y^4 * 1 /x^3 = y^4 / x^3

A

8 0

3 years ago

Clayton is shopping for a new shower. He is comparing the water usage of cach as he is shopping .

Jlenok [28]

What else ? Is that it ?

7 0

2 years ago