Answer:
Step-by-step explanation:
a) <u>Jamal spent:</u>
<u>Isaiah spent:</u>
<u>The equation is:</u>
b) <u>Solving the equation</u>
- 2x = 3x - 6.75
- 3x - 2x = 6.75
- x = 6.75
c) <u>Jamal's items cost </u>
<u>Isaiah's items cost </u>
- $6.75 - $2.25 = $4.50 each
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:
3^4 x 3^-7
Step-by-step explanation:
Answer is D or the last choice
