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.
13/3= 4.25 because.....
13-12 is 1.
SO:
When you have your problem set up, you have 4, and then a 1 left over. You turn it into a fraction.
Make 4 and 1/4, then put it as a mixed number, 4 1/4
or you can keep dividing by adding a decimal then zeroes and keep solving until you get 4.25 which is equivalent to 4 1/4
You've got 3 values there.
Get the sum of 65, 30 and 25 and divide their sum by the number of values that exist, which in this case is 3.
Answer:
40
Answer:
Step-by-step explanation:
<u>Expected egg production is:</u>
- 3*0.25+4*0.7+5*0.05 = 3.8
Correct choice is B
Sin Ф=opposite/ hypotenuse
In this case:
sin 25º=9 in /c
c=9 in/ sin 25º
c≈21.3 in.
Answer: sin (25º), in this case can be used to find the lenght of the hypotenuse, and the length of this hypotenuse would be 21.3 in.
