The answer is 1/4 if what u are saying is 1/2-1/4
The number of years it would take $4000 to grow to $4616 is 2.92 years.
<h3>How many years would it take the investment to have a value of $4616?</h3>
When an amount earns compound interest compounded semi annually, it means that both the amount invested and the interest accrued increases in value twice yearly.
Number of years = (In FV / PV) / r
- r = 9.8/2 = 4.90%
- FV = future value = 4616
- PV = present value = 4000
(In 4616 / 4000) / 0.049 = 2.92 years
The horizontal distance between the base of the ladder and the wall is: 11.8 foot
The number is 1. 1 multiplied by 100 gives 100 as answer. Lisa claims that <span>when multiplying any number between 0 and 10 by 100, the product is greater than 100. In this case the answer is equal to 100 not greater than 100.
So this proof shows that Lisa's claim is not correct. </span>
