Answer:
a
Step-by-step explanation:
Given rate is = 7% or 0.07
Total amount needed = $12000
Time = 4 years
Here, the deposit is compounded semiannually, means twice per year and this gives 8 annual compounding periods in 4 years.
The equation becomes:
P= 
P = 
Solving it, we get P = $ 9112.93
Hence $9112.93 should be deposited today.
Answer: 9.4
Step-by-step explanation:
if you see on the screenshot if you draw a line between the 2 it mesures 9.4
Well 9 3/4 is 9.75 and 27 1/2 is 27.5 so if we take 27.5 and subtract 9.75 you get 17.75 and then all you have to do is 17.75/2 which is 8.875 so the answer would be 8.875 inches on either side