Answer:
30.5 hours
Step-by-step explanation:
444-78=366
366/12=30.5
30.5 x 12= 366
Answer:
3 1/2
Step-by-step explanation:
5--2=7
6-4=2
7/2= 3 1/2
Answer:
15>x*3
i don't know what you tried to say but this is what I think the answer is.
Answer:
Step-by-step explanation:
If $10,000 is invested at an interest rate of 2% per year, compounded semiannually, find the value of the investment after the given number of years. (Round your answers to the nearest cent.)
a)6 years
b)12 years
c)18 years
***
compound interest formula: A=P(1+r/n)^nt, P=initial investment, r=interest rate, n=number of compounding periods per year, A=amt after t-years.
For given problem:
P=10000
r=.02
n=2
t=6, 12, 18
..
A(6)=10000(1+.02/2)^2*6
A(6)=10000(1.01)^12=11,268.25
A(12)=10000(1.01)^24=12,697.35
A(18)=10000(1.01)^36=14,307.69
