Use compound interest formula F=P(1+i)^n twice, one for each deposit and sum the two results.
For the P=$40,000 deposit,
i=10%/2=5% (semi-annual)
number of periods (6 months), n = 6*2 = 12
Future value (at end of year 6),
F = P(1+i)^n = 40,000(1+0.05)^12 = $71834.253
For the P=20000, deposited at the START of the fourth year, which is the same as the end of the third year.
i=5% (semi-annual
n=2*(6-3), n = 6
Future value (at end of year 6)
F=P(1+i)^n = 20000(1+0.05)^6 = 26801.913
Total amount after 6 years
= 71834.253 + 26801.913
=98636.17 (to the nearest cent.)
I believe the answer is: By using the point slope formula, which states that a given point (x1, y1) and a slope m, the equation of the line can be written as y - y1 = m(x - x1)
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The amount of in pound of tomatoes purchased is
To obtain the number of pounds of tomatoes purchased :
- Let the price per pound of tomato = p
The Number of tomatoes purchased equals :
- Total amount spent ÷ price per pound
Therefore, the Number of tomatoes purchased will be :
The Number of pounds of tomatoes purchased =
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True.
The y-axis of the f(x) must equal to the x-axis of g(x)
The x-axis of the f(x) must equal to the y-axis of g(x)