Answer:
how do u want meto read it?
Step-by-step explanation:
Use compound interest formula F=P(1+i)^n twice, one for each deposit and sum the two results.
For the P=$40,000 deposit,
i=10%/2=5% (semi-annual)
number of periods (6 months), n = 6*2 = 12
Future value (at end of year 6),
F = P(1+i)^n = 40,000(1+0.05)^12 = $71834.253
For the P=20000, deposited at the START of the fourth year, which is the same as the end of the third year.
i=5% (semi-annual
n=2*(6-3), n = 6
Future value (at end of year 6)
F=P(1+i)^n = 20000(1+0.05)^6 = 26801.913
Total amount after 6 years
= 71834.253 + 26801.913
=98636.17 (to the nearest cent.)
Sophie is correct because 295 + 65 = 360 and 360 is the # of degrees in a full circle
Inverse proportion is of the form:
y=k/x, in this case the variables are
z=k/x, and we are given the point (6,2) so we can solve for k
2=k/6
12=k, so our equation is:
z=12/x, so when x=13
z=12/13
