The formula for multiplying exponents are such below.
(b^m)^n = b^mn
b^m/b^n=b^(m-n)
b^m x b^n=b^(m+n)
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:
12.68
Step-by-step explanation:
76 degrees /2 = 38
Half the width of 15m forms the lower side of the triangle: 7.5 m
sin(38) = 7.5/h
=12.1820
12.18+.5
12.68
Answer:
Option D is correct.
Step-by-step explanation:
27.35 x 20/100
=> 2.735 x 2/1
=> $5.47
=> $5.50 (Rounded)
Therefore, Option D is correct.
Hoped this helped.
Answer: <em>it will actually be -3, 7</em>
