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.)
Answer:
Step-by-step explanation:
20.16 hopefully it’s right
Answer:
4989600
Step-by-step explanation:
The given word is MATHEMATICS
Number of letters in the given word is 11
there are 2 M's, 2 A's and 2 T's
the given word is arranged in 11! ways
three letters are repeating, so we divide by repeating occurrences
number of different arrangements =
= 4989600
Answer:
false
Step-by-step explanation:
(-7-2) > (6-14)
-7-2 = -9
6-14 = -8
-9 is not > -8, because -9 is farther to the left on a number line. So, this statement would be false.
