1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nataliya [291]
3 years ago
9

Riley invested $1000 in saving Spohn, if the bonds earn 6.5% interest and the compounded semi annually how much total Riley earn

in 15 years?
Mathematics
1 answer:
KATRIN_1 [288]3 years ago
6 0

Answer:

$2,610.37

Step-by-step explanation:

The computation of the amount that should be earn in 15 years is shown below:

As we know that

Future value = Present value × (1 + rate of interest)^number of years

= $1,000 × (1 + 6.5% ÷ 2)^15 × 2

= $1,000 × (1 + 3.25%)^30

= $1,000 × 2.610368439

= $2,610.37

You might be interested in
ASAP! Show work! Mark Brainliest
Anarel [89]
15) 25+90=115-180=65
65+90=155-180
6 0
3 years ago
Sue has an annual interest income of $3390 from two investments. She has $10,000 more invested at 8% than she has at 6%. Find th
olchik [2.2K]

Answer:

  $18500 at 6% and $28500 at 8%

Step-by-step explanation:

Let x represent the amount invested at 6%. Then x+10000 is the amount invested at 8%. The total income from the two investments is the sum of the products of the amount invested and the interest rate:

  x·6% +(x+10000)·8% = 3390

  0.14x + 800 = 3390 . . . . . . . . collect terms

  0.14x = 2590 . . . . . . . . . . . . . .subtract 800

  2590/0.14 = x = 18500 . . . . . divide by the coefficient of x

Sue has invested $18500 at 6% and $28500 at 8%.

7 0
4 years ago
apples are sold in bags of four that cost $5, or bags of six that coast $7 per bag. what is the smallest cost at which you can b
shepuryov [24]
Divide 74 into 4 and 6
74/4 = 18,5
74/6=12,33
so if you buy in bags of 4 you need 19 bags, which costs 5 x 19 = $95
if you buy in bags of 6 you need 13 bags, which costs 7 x 13 = $91
Buying in bags of 6 costs less.
3 0
4 years ago
Three friends go bowling the cost per person per game is $5.30 the cost to rent rule is $2.50 per person there total cost is $55
schepotkina [342]
The friends played 3 games
5 0
3 years ago
What do you mean by rational numbers? Give an example of rational number.​
IrinaK [193]

Answer:

the numbers which we can exprees as p/q they called the rational numbers 2/3 5/4 are rational numbers hope ur help

8 0
3 years ago
Read 2 more answers
Other questions:
  • problems involving ratio and propotion in real life. tete and tuke share P8900 in the ratio 2:3. how much does each get respecti
    7·1 answer
  • A certain survey conducted had a population proportion of at most 22% for people who agreed. What is the confidence level if 20%
    13·1 answer
  • Find the area of the shaded triangle
    5·2 answers
  • Type the correct answer in each box. Use numerals instead of words. If necessary, use / for the fraction bar(s). A construction
    13·1 answer
  • 4. What is the y-coordinate of the solution to the system of linear equations graphed below
    10·1 answer
  • When the common ratio is greater than 1, the values in the sequence
    6·1 answer
  • Help! See the picture below
    12·2 answers
  • A school has 100 yards of fabric. The band uses 31 and a third yards of the fabric to make new uniforms. How much fabric does th
    7·1 answer
  • Find the product 0.04 x 0.58
    10·1 answer
  • 7x-3y=20<br> y=5x-4<br> solve for x and y
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!