Answer:
Step-by-step explanation:
40,000= x (1+ .04)^12
the future value of the account =40,000
the amount invested at the end of each period =x because we do not know
the interest rate per period = 0.04 because 8% compounded semiannually is 4% per 6 months or written as decimals 0.04
(1+.04) because you gain interest so you add to the 100% of your money 4%
the number of periods = 12 because in 6 years we have twelve 6 months periods
x= $24,983.88
ANSWER
Find out the expression gives the percent of survey participants who chose swimming.
To proof
As given
75 girls at a summer camp were asked to complete a survey about their favorite outdoor activity.
27 girls chose swimming
32 girls chose hiking.
FORMULA
total girls = 75
girls chose swimming = 27
put in the formula
= 36%
36% of survey participants who chose swimming
Hence proved