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:
$12,137.39
Step-by-step explanation:
Use the Compound Amount formula:
A = P (1 + r/n)^(nt), where r is the interest rate as a decimal fraction, n is the number of times the interest is compounded each year, and t is the number of years.
Here, A = $9000(1 + 0.075/12)^(12*4), or
= $9000(1.3486) = $12,137.39
Y=x2
Step-by-step explanation:
Answer:
m = 2
Step-by-step explanation:
take 2 pairs from x
choose (1,5) and (2,7)
it will be m = 5 - 7
and in the bottom 1 - 2 it's a fraction
m = -2/-1
the numerator and denominator can't be both negative
so your answer is m= +2
m= slope
rate of change= slope
Since the whole length of the rectangle is 8, and the line across isnt exactly in the middle, (but just a little bit farther than the 4 mark) ... Then the correct answer is:
D. 4 1/2 units
