Answer:
Step-by-step explanation:
If $10,000 is invested at an interest rate of 2% per year, compounded semiannually, find the value of the investment after the given number of years. (Round your answers to the nearest cent.)
a)6 years
b)12 years
c)18 years
***
compound interest formula: A=P(1+r/n)^nt, P=initial investment, r=interest rate, n=number of compounding periods per year, A=amt after t-years.
For given problem:
P=10000
r=.02
n=2
t=6, 12, 18
..
A(6)=10000(1+.02/2)^2*6
A(6)=10000(1.01)^12=11,268.25
A(12)=10000(1.01)^24=12,697.35
A(18)=10000(1.01)^36=14,307.69
Answer:
D
Step-by-step explanation:
Answer:
Step-by-step explanation:
89
535
hhyoljy,osl
2
32323
Answer:
Step-by-step explanation:
<em>Hey there!</em>
Well if the length is 18 and 3 inches we need to find the sum of both lengths,
18ft 3in + 18ft 3in = 36ft 6in
Width- 10ft 8in + 10ft 8in = 20ft 16 in -> 21ft 4in
l + w = 57ft 10in
<em>Hope this helps :)</em>
Answer: y=x
The slope of the perpendicular line is the opposite reciprocal. So you do -(-1/1) which equals 1. So now we have y=x+b. Plug (3,3) into this and you get 3=3+b. So b=0 and the equation is y=x
