He needs to have $205783 amount of money to receive $5000 every 6 months for 10 years.
<h3>What is Interest ?</h3>
Interest is the amount of money received , when a certain lump sum amount is deposited.
It is given that the person is receiving ,
Interest = $5000 ,
after six months , every six month
Time Period = 10 years
Interest Rate = 4%
Compounded Semiannual
Let the principal amount be $x
Compound Interest is given by
Amount = P[ 1 + r/n]ⁿˣ
Here x is the time period
Therefore the Amount = x{ 1 +0.04/2}²⁰
x + 5000 *20 = x{ 1 +0.04/2}²⁰
x + 100000 = 1.486 x
x = $205783
Therefore he needs to have $205783 amount of money to receive $5000 every 6 months for 10 years.
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Answer: y = 31
Step-by-step explanation:
The equation of a line is y = mx+b
Plugging in the values, we get
y = 4*8 + (-1)
y = 32-1
y = 31
Answer:
0 Siblings: 4 Students
3 or more siblings: 5 students
Step-by-step explanation:
The numbers at the bottom represents how many siblings they have and the dots represent the number of studens so using this we know:
0 Siblings: 4 Students
1 Sibling: 3 Students
2 Siblings: 3 Students
3 Siblings: 1 Student
4 Siblings: 0 Students
5 Siblings: 2 Students
6 Siblings: 1 Student
7 Siblings: 1 Student
3 or more: 1 + 0 + 2 + 1 + 1 = 5
3 or more siblings: 5 students
Answer:
-2 gallons per minute
Step-by-step explanation:
As we can clearly see, the water is continuously decreasing every 15 minutes by 30 gallons.
So, the rate of change is -30 gallons per 15 minutes
However, we can simplify this ratio by dividing both sides by 15, so we get
-2 gallons per minute
R x - reflection over the x-axis;
r y - reflection over the y-axis.
r x ( - 3, - 6 ) = ( - 3 , 6 )
r y ( - 3, 6 ) = ( 3, 6 )
Answer: C ) ( 3, 6 )