Answer:
I believe it should be 32.9
Step-by-step explanation:
Qualitative data describes the data analyzed through quantitative analysis. Qualitative data refers to the color, texture, olfactory and sensory attributes. These are attributes that are rather described than calculated. In this case, the answer is A. I<span>t cannot be represented by numbers.</span>
Answer:
That is the correct answer! Good job!
Step-by-step explanation:
You are smart
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.)
