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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:
(A) x=40
Step-by-step explanation:
Given: It is given that m is parallel to n.
To find: The value of x.
Proof: It is given that m is parallel to n, from the figure it can be seen that 105° and (3x-15)° forms alternate exterior angles which are equal in measure because m is parallel to n.
Thus,
⇒
⇒
⇒
⇒
Thus, the value of x is 40, hence option A is correct.