$750.
C'mon, Shane. Really? You can't divide by 2... 3 times????
6,000 > 3,000 > 1,500 > 750.
It’s 1/50 because 2% is 2/100 which can be simplified to 1/50
(3/4) / (1/6)
(3/4) * (6/1) = 18/4 = 4 2/4 = 4 1/2 days
You are given 2/3 angles to solve for x;
24+56 = 90
90 + x = 180
x = 90 degrees
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.)
