Since interest is compounded semi-annually (half a year or 6 months), in a spawn of 2 years, the interest will have been compounded 4 times. As given in the problem, each time the interest is compounded, the new balance will be 107% or 1.07 times the amount of the old balance.

Therefore, we can set up the following equation to find the new balance after 2 years:

$\text{New balanace}=10,000\text{ (old balance)}\cdot 1.07\cdot 1.07\cdot 1.07\cdot 1.07,\\\text{New balanace}=10,000\cdot 1.07^4=\boxed{\$13,107.96}$

8 0

2 years ago

So i have a pic i need 1a plz i am giving a bunch of my points plz give it real asap

Alex_Xolod [135]

Answer:

3x - (15 x 3) = 90

3x - 45 = 90

Explanation:

there are 3 boxes. We don't know how many are in them yet, so we write this as 3x. However, we know that we give away 15 to 3 different teachers. 15 x 3 = 45

Therefore the first part is 3x - 45

We also know that in the end we have 90 left.

So our final equation is:

3x - 45 = 90

6 0

2 years ago

Whats 56753 ÷ 43 = ????????????????????????????????????????????

dalvyx [7]

Answer:

1,319.83721

Step-by-step explanation:

6 0

3 years ago

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The total weight of 9 bags of potatoes is 36 kilograms each bag weights the same amount what is the weight in grams of each bag

ra1l [238]

Answer:

4000

Step-by-step explanation:

36kg = 36000g

36000g/9 bags = 4000g

5 0

3 years ago

Read 2 more answers