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PtichkaEL [24]
3 years ago
6

If $7,300 is invested in an account that offers 7% interest compounded semi-annually, how much money is in the account after 3 y

ears?
Mathematics
1 answer:
kap26 [50]3 years ago
5 0

Answer:

The answer to your question is $8973.56

Step-by-step explanation:

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Can someone please help. Please show work
FinnZ [79.3K]

Answer:

11. parallelogram, rectangle

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13. parallelogram, square

5 0
3 years ago
Read 2 more answers
Please helpppppp
melomori [17]

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.

6 0
3 years ago
Write an equation of the line that passes through (2,-4) and (0,-4)
Arte-miy333 [17]

y = mx + b

To find the slope(m), you use the slope formula:

m = \frac{y_{2}-y_{1}}{x_{2}-x_{1}}

You plug in the points into the equation.

m = \frac{-4 - (-4)}{0 - 2}

m = \frac{-4+4}{0-2} = \frac{0}{-2} =0

The slope is 0

y = 0x + b

Any number multiplied by 0 is 0. So:

y = b

To find b, you plug in the y value of either of the points.

-4 = b

Your equation is:

y = -4 (This is a horizontal line)

5 0
4 years ago
Suppose that in a certain county 37% of voters are registered as Democrats, 29% as Republicans, 7% as Green party, and the rest
Fantom [35]

Answer:

0.66

Step-by-step explanation:

GIVEN: Suppose that in a certain county 37\% of voters are registered as Democrats, 29\% as Republicans, 7\% as Green party, and the rest are considered Independents. You conduct a poll by calling registered voters in the county at random.

TO FIND: Probability that the first call will be to either a Democrat or a Republican.

SOLUTION:

Lets total population of county be 100x.

voters registered as Democrats =37\%=\frac{37}{100}\times100x

                                                     =37x

voters registered as Republicans =29\%=\frac{29}{100}\times100x

                                                       =29x

voters registered as Green party =7\%=\frac{7}{100}\times100x

                                                       =7x

Probability that first call will be to Democrats P(A)=\frac{\text{total democrats}}{\text{total voters}}

                                                                                    =\frac{37x}{100x}=0.37

Probability that first call will be to Republican P(B)=\frac{\text{total republicans}}{\text{total voters}}

                                                                                     =\frac{29x}{100x}=0.29

probability that the first call will be to either a Democrat or a Republican

=P(A)+P(B)

=0.37+0.29

=0.66

Hence the probability that the first call will be to either a Democrat or a Republican is 0.66

6 0
4 years ago
Sara buys asweater at a department store.The sweater cost 30 dollars
Anna71 [15]
Thats a reasonable price for a sweater.
6 0
3 years ago
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