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.)
Answer:
Step-by-step explanation:
to find out t, we divide by 3 both sides
-2/3=t
t=-2/3
A) distributive is where it distributes a number through a set of parenthesis.
15 tsp of black pepper was used. 2 half tsp = one whole tsp. 12 half tsp is equivalent to 6 tsp. Multiply 1 1/4 by 12 and you get 15. <span />
