Answer:
you have to find the smallest common denominator
Step-by-step explanation:
so once the fractions have the same denominator you can add them easily and simplify
Given Information:
Years = t = 35
Semi-annual deposits = P = $2,000
Compounding semi-annually = n = 2
Interest rate = i = 6.5%
Required Information
Accumulated amount = A = ?
Answer:
Accumulated amount = $515,827
Step-by-step explanation:
The future value of amount earned over period of 35 years and interest rate 6.5% with semi-annual deposits is given by
FV = PMT * ((1 + i/n)^nt - 1)/(i/n))
Where
n = 2
i = 0.065
t = 35
FV = 2000*((1 + 0.065/2)^2*35 - 1)/(0.065/2))
FV = 2,000*(257.91)
FV ≈ $515,827
Therefore, Anthony will have an amount of $515,827 when he retires in 35 years.
Answer:
<h2>x = 1</h2>
Step-by-step explanation:
thanks 4 the points lolllll
Answer: C (4,7)
Points are labeled as (x,y)
If the unknown point is 4 units away from the origin on the x axis, x will be 4
If the unknown point is 7 units away from the origin on the y axis, y will be 7
Therefore (4,7)
