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Rashid [163]
3 years ago
8

If you deposit $10,000 into an account that pays 6.5% interest compounded semiannually, how much money will you have

Mathematics
1 answer:
LenaWriter [7]3 years ago
6 0

Answer:

PV = $10,000(1/1+6.5%^2x7)  It is 7 years semiannually, which means 2 interest payments each year.

Step-by-step explain

Round it to the nearest $100

find this out by using  

A=P(1+r/n)^ntnation:

hope this helps

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Step-by-step explanation:

From the question given :

The claim is that : mean weight of wild jackalopes is still the same as 10 years with a mean weight of 69.9 lbs.

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Using calculator :

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t = −2.447085

P value at α 0.01, df = 59 is 0.0174

Since the p value is > 0.01, the result is not significant at 0.01. Therefore, we fail to reject the Null

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