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:
good news, the second one is relatively easy because it can be factored to (2x+1)(2x-3) which means that number two has solutions of -1/2 and 3/2
but for number one you have to either use the quadratic equation cause I've tried using synthetic division or just use the second equation to derive the first solutions so I tried move the graph up by two units and found that the intercepts are approximately (1+-√2)/2 or 1/2+-1/√2 for 4x^2-4x-1
20.70=3p+3
17.70=3p
$5.90=p
So if you only needed the equation to describe the word problem it is
$20.70=3p+3
If you want to know how much each pizza was it is $5.90; salad $3.00
Answer:a: y=4.5+0.75x
B: y=2.5+1.25x
C: 7.5
Step-by-step explanation:
