The future value of $1,000 invested at 8% compounded semiannually for five years is 
<u>Solution:</u>
----------- equation 1
A = future value
P= principal amount
i = interest rate
n = number of times money is compounded
P = 1000
i = 8 %
(Compounding period for semi annually = 2)
Dividing “i” by compounding period
Solving for future value using equation 1
Answer:
c 1464 cm ^2 is the answer
Answer:
Step-by-step explanation:
The diameter of each curved path is 200 feet. Since the two curved semi circular paths are equal, they would form a circle. It means that the distance around the two semi circular paths would be the circumference of the circle. Formula for determining the circumference of the circle is π × diameter. It becomes
200 × 3.14 = 628 feet
Total distance around the track would be
300 + 300 + 628 = 1228 feet
5280 feet = 1 mile
1228 feet = 1228/5280 = 0.23 mile
If he runs around the track exactly 15 times, it means that the number of miles covered is
0.23 × 15 = 3.45 miles
Since he will collect $4.50 for every mile he runs, the amount of money that he collected is
4.5 × 3.45 = $15.5
A gardener has 10 pounds of soil. Now he 5/8 of that soil for his garden. Let's solve how many pounds of soil did he used and how many pounds is left.
=> 5/8
=> 10 lbs / 8 = 1.25 lbs
=> 1.25 lbs * 5 = 6.25 lbs.
He used 6.25 lbs of soil for his garden and has 3.75 lbs of soil left.
