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.
Answer:
D
Step-by-step explanation:
try all of them
Answer:
No, there is no clear relationship between age and texting speed.
Step-by-step explanation:
i already did it
Both of your answers are correct. In the first equation, if you were to substitute 3 for x, because you have to do exponents first, you have 3^2, which is 9, and 9*6 =54. If you were to substitute -3 for x again you would have to do the exponents first which would be -3^2 which is 9, and 9*6 = 54.
For the second question, if I substitute 0.75 for t, I get -9 + 18 + 7. This is equal to 16, and therefore the answer would be D. Hope this helps! :D. Let me know if you have questions about my explanation, and feel free to post more questions.
Im sorry im
just answering to get points to ask questions
