Answer:
a. $10,943.30
b. $1,267.35
Step-by-step explanation:
P = $9,675.95
r = 6.25% = 0.0625
t = Compounded Semiannually = 2
a. Amount after 2 Years
n = 2
A = P [1 + (r / n)]^nt
A = $9,675.95 [1 + (0.0625 / 2)]² ˣ ²
A = $9,675.95 [1 + 0.03125]⁴
A = $9,675.95 [1.03125]⁴
A = $9,675.95 x 1.130982
A = $10,943.30
b. Compound Interest
Compound Interest = Final Amount - Principal Amount
Compound Interest = $10,943.30 - $9,675.95
Compound Interest = $1,267.35
Answer:
x=3
Step-by-step explanation:
x+7=10
x+7-7=10-7
x=3
Since the mean of the distribution is 110, and the distribution is normal, then 50% of the the people will have scores below 110.
Answer:
Step-by-step explanation:
3 sqrt2
<span>Abigail went shopping for her sister's birthday. She spent 2/7 of her money on a necklace and 3/4 of the remainder on new outfits. She had $56.00 left. How much money did Abigail spend on the necklace? (PLEASE SHOW STEPS)</span>
