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lorasvet [3.4K]
3 years ago
11

$40,000 is invested at a rate of 5.7% that is compounded semiannually.

Mathematics
1 answer:
Misha Larkins [42]3 years ago
4 0

Answer:

$$78760.00

Step-by-step explanation:

You want to calculate the interest on $40000 at 5.7% interest per year after 17 years.

The formula we'll use for this is the simple interest formula, or:

I=P*r*t

Where:

  • P is  principal amount, $40,000
  • r is the interest rate, 5.7% per year, or in decimal form, \frac{5.7}{100} =0.057
  • t is the time involved, 17 years

To find the simple interest we multiply 40000*0.057*17 to get

The interest rate is  $38,760

Usually now, the interest is added onto the principal to figure some new amount after 17 years.

or 40000.00 + 38760.00 = 78760.00

=$78,760

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A correct SAS proof would use segment FD in Line 4, so it could be argued that the first mistake is there.

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What is P(2 or divisor of 9)?<br> please explain!
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The probability that a divisor of 2 or 9 is chosen when the spinner is spun once is 2/3.

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2 years ago
Since the slope of a vertical line is undefined, is it possible ofr vertical lines to be parallel?
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6 0
3 years ago
Plsss help me no links
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Answer:

D) 42.16

Total: $553.13

Step-by-step explanation:

Multiply the subtotal, 510.97, by 8.25%. To do that just turn the 8.25% into a decimal which is 0.0825. The answer to that would be 42.155025 and rounded it would be 42.16 so the tax would be $42.16.

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(2, 6)

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