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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.)
The ratio would be 4:1.
Try to reduce the ratio further with the greatest common factor (GCF).
The GCF of 64 and 16 is 16
Divide both terms by the GCF, 16:
64 ÷ 16 = 4
16 ÷ 16 = 1
The ratio 64 : 16 can be reduced to lowest terms by dividing both terms by the GCF = 16 :
64 : 16 = 4 : 1
Therefore:
64 : 16 = 4 : 1
The best choices are table 1.
All the input values are being multiplied by themselves by the output values.
This creates a congruent and linear correlation and congruence.
I hope this helps!
Brainliest answer is always appreciated!
