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NISA [10]
3 years ago
9

HELP PLEASE WHICH ONE IS CORRECT?

Mathematics
1 answer:
r-ruslan [8.4K]3 years ago
7 0

I got chu UwU, the answer is B cause it is smaller

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Find the accumulated value of an investment of $14,000 at 10% compounded semiannually for 11 year
kifflom [539]

Given:

Principal = $14000

Rate of interest = 10% compounded semiannually.

Time = 11 years.

To find:

The accumulated value of the given investment.

Solution:

Formula for amount or accumulated value after compound interest is:

A=P\left(1+\dfrac{r}{n}\right)^{nt}

Where, P is the principal values, r is the rate of interest in decimal, n is the number of times interest compounded in an year and t is the number of years.

Compounded semiannually means interest compounded 2 times in an years.

Putting P=14000,r=0.10,n=2,t=11 in the above formula, we get

A=14000\left(1+\dfrac{0.10}{2}\right)^{2(11)}

A=14000\left(1+0.05\right)^{22}

A=14000\left(1.05\right)^{22}

A\approx 40953.65

Therefore, the accumulated value of the given investment is $40953.65.

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Answer:

The driving time at 54 miles per hour is 37.04 hours.

Step-by-step explanation:

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-6 is the answer since 6*-1 is -6
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\displaystyle \binom{6}{3}\cdot2+\binom{6}{2}=\dfrac{6!}{3!3!}\cdot2+\dfrac{6!}{2!4!}=\dfrac{4\cdot5\cdot6}{2\cdot3}\cdot2+\dfrac{5\cdot6}{2}=40+15=55

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