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Komok [63]
3 years ago
13

If $5,000 is borrowed with an interest of 12.3% compounded semi-annually, what is the total amount of money needed to pay it bac

k in 3 years?
Round your answer to the nearest cent.

Do NOT round until you have calculated the final answer.
Mathematics
1 answer:
jarptica [38.1K]3 years ago
3 0

Answer:

$7153.03

Step-by-step explanation:

To find the total amount after 3 years, we can use the formula for compound tax:

P = Po * (1+r/n)^(t*n)

where P is the final value, Po is the inicial value, r is the rate, t is the amount of time and n depends on how the tax is compounded (in this case, it is semi-annually, so n = 2)

For our problem, we have that Po = 5000, r = 12.3% = 0.123, t = 3 years and n = 2, then we can calculate P:

P = 5000 * (1 + 0.123/2)^(3*2)

P = 5000 * (1 + 0.0615)^6

P = $7153.029

Rounding to the nearest cent, we have P = $7153.03

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What is m in 4/5m=2/9 is it 5/18
Romashka [77]
\frac{4}{5} m =  \frac{2}{9} \\ \\  \frac{4m}{5} =  \frac{2}{9} \\ \\ 4m =  \frac{2}{9} \times 5 \\ \\ 4m =  \frac{10}{9} \\ \\ m =  \frac{10}{9 \times 4} \\ \\ m =  \frac{10}{36} \\ \\ m =  \frac{5}{18} \\ \\

The final result is: m = 5/18 or 0.2778.
8 0
3 years ago
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8 0
2 years ago
*MARKING BRAINLIEST*
wlad13 [49]

Answer:

(x+y+z)^2

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x^2+2x(y+2)+(y+2)^2

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So,

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3 years ago
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3 0
3 years ago
Read 2 more answers
the maximum walking speed S, in feet per second of an animal can be modeled by the equation S=the square root gL where g=32ft/se
swat32

The maximum walking speed of the Giraffe is 1.41 times greater than the maximum walking speed of the Hippopotamus

<h3>Calculating Maximum speed</h3>

From the question, we are to determine how much greater the maximum walking speed of Giraffe is to that of Hippopotamus

From the give information,

The maximum walking speed, S, is given by

S = √gL

Where g = 32ft/sec
and L is the length of the animal's leg

Thus,

For a Giraffe with a leg length of 6 feet

S = √32×6

S = √192

S = 13.856 ft/sec

For a Hippopotamus with a leg length of 3 feet

S = √32×3

S = √96

S = 9.798 ft/sec

Now, we will determine how many times greater 13.856 is than 9.798

13.856/9.798 = 1.41

Hence, the maximum walking speed of the Giraffe is 1.41 times greater than the maximum walking speed of the Hippopotamus

Learn more on Calculating Speed here: brainly.com/question/15784810

#SPJ1

3 0
2 years ago
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