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1 answer:
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Answer:
The future value of this initial investment after the six year period is $2611.6552
Step-by-step explanation:
Consider the provided information.
A student desired to invest $1,540 into an investment at 9% compounded semiannually for 6 years.
Future value of an investment:
Where Fv is the future value, p is the present value, r is the rate and n is the number of compounding periods.
9% compounded semiannually for 6 years.
Therefore, the value of r is:
Number of periods are: 2 × 6 = 12
Now substitute the respective values in the above formula.
Hence, the future value of this initial investment after the six year period is $2611.6552
Answer: Option 'D' is correct.
Step-by-step explanation:
Since we have given that
Area of triangular base = 12 sq. inches
Height of a three dimensional object = 8 inches
We need to find the Volume of that object.
As we know that "Volume = Area of base × Height "
So, it becomes,
So, the volume of object is 96 cubic inches.
Hence, Option 'D' is correct.