Given Information:
Years = t = 35
Semi-annual deposits = P = $2,000
Compounding semi-annually = n = 2
Interest rate = i = 6.5%
Required Information
Accumulated amount = A = ?
Answer:
Accumulated amount = $515,827
Step-by-step explanation:
The future value of amount earned over period of 35 years and interest rate 6.5% with semi-annual deposits is given by
FV = PMT * ((1 + i/n)^nt - 1)/(i/n))
Where
n = 2
i = 0.065
t = 35
FV = 2000*((1 + 0.065/2)^2*35 - 1)/(0.065/2))
FV = 2,000*(257.91)
FV ≈ $515,827
Therefore, Anthony will have an amount of $515,827 when he retires in 35 years.
Answer:
4+2=6
15*6=90
9+9=18
18*3=54
90+54=144
Step-by-step explanation:
you have to add both the W and H together and then multiply them by the number of windows (4+2=6 , 16*6=90)
and the same with the garage doors (9+9=18, 18*3=54) then you take you two totals from multiplying and add them together (90+54=144)
Answer:
<h2>A
pproximately 4824 games </h2>
Step-by-step explanation:
Given that the sales made are 4,567 ,5430, 3998, 5,220,and 4,906
the average is (4567+5430+3998+5220+4906)/5
=24121/5
=4824.2
in the month of august let the sales be x
average= (4567+5430+3998+5220+4906+x)/6
the average for march to july is 4824.2
4824.2= (4567+5430+3998+5220+4906+x)/6
24121+x=4824.2*6
24121+x=28945.2
x=28945.2-24121
x=4824.2
approximately 4824 games
