Answer:
There isn't enough information to answer this question.
Answer:
They are b and c.
Step-by-step explanation:
Let's simplify each expression:
a. b+2 (b+2b)
= b + 2b + 4b = 7b.
b. 3b + b = 4b.
c. 2(2b) = 2 * 2b = 4b.
What statement are you talking about?
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.
The company will have a total number of 531 employees
