4 years ago

Solve for w. 8= 4 + w

Mathematics

1 answer:

Yuri [45]4 years ago

3 0

W=4 that the answer !!!!!

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If 10000 is invested at an interest rate of 10 per year ,compound semiannually,find the value of the investment after the given

slega [8]

Answer:

Part a) $\$17,958.56$

Part b) $\$32,251.00$

Part c) $\$57,918.16$

Step-by-step explanation:

<u><em>The complete question is</em></u>

If $10,000 is invested at an interest rate of 10% per year, compounded semiannually, find the value of the investment after the given number of years. (Round your answers to the nearest cent.)

a)6 years

b)12 years

c)18 years

we know that

The compound interest formula is equal to

$A=P(1+\frac{r}{n})^{nt}$

where

A is the Final Investment Value

P is the Principal amount of money to be invested

r is the rate of interest in decimal

t is Number of Time Periods

n is the number of times interest is compounded per year

Part a) 6 years

we have

$t=6\ years\\ P=\$10,000\\ r=10\%=10/100=0.10\\n=2$

substitute in the formula above

$A=10,000(1+\frac{0.10}{2})^{2*6}$

$A=10,000(1.05)^{12}$

$A=\$17,958.56$

Part b) 12 years

we have

$t=12\ years\\ P=\$10,000\\ r=10\%=10/100=0.10\\n=2$

substitute in the formula above

$A=10,000(1+\frac{0.10}{2})^{2*12}$

$A=10,000(1.05)^{24}$

$A=\$32,251.00$

Part c) 18 years

we have

$t=18\ years\\ P=\$10,000\\ r=10\%=10/100=0.10\\n=2$

substitute in the formula above

$A=10,000(1+\frac{0.10}{2})^{2*18}$

$A=10,000(1.05)^{36}$

$A=\$57,918.16$

7 0

4 years ago

Answer fasttt please help!!!

Fed [463]

What the question I will answer fast and fix your help

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3 years ago

Capital Credit has offered Jackson a credit card loan of $5000 at an interest rate of 13.9%. If he was repay this loan in 3 year

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Answer: I am glad I get to help you today. So, I hope this helps you. And Have a great day!!!!!

Step-by-step explanation:

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A math class has 24 scholars. Each scholar earns 2 HERO points for coming to class and turning in homework on time. The function

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H=2s

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Step-by-step explanation:

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