Given Information:
Years = t = 35
Semi-annual deposits = P = $2,000
Compounding semi-annually = n = 2
Interest rate = i = 6.5%
Required Information
Accumulated amount = A = ?
Answer:
Accumulated amount = $515,827
Step-by-step explanation:
The future value of amount earned over period of 35 years and interest rate 6.5% with semi-annual deposits is given by
FV = PMT * ((1 + i/n)^nt - 1)/(i/n))
Where
n = 2
i = 0.065
t = 35
FV = 2000*((1 + 0.065/2)^2*35 - 1)/(0.065/2))
FV = 2,000*(257.91)
FV ≈ $515,827
Therefore, Anthony will have an amount of $515,827 when he retires in 35 years.
Answer:
1,080 Pennies
Step-by-step explanation:
This question is fairly simple, you just have to simplify it. You are starting at already half-full, so you can keep that 1/2 in mind. Then, she adds 360 pennies to get 5/6. If you convert 1/2 into 3/6, you can see that 360 pennies fills 2/6 of the piggy bank. So now you can solve two different ways. The first, you can take 360 and multiply it by 3 to get the amount that can fit in the piggy bank, because 2 * 3 = 6 and that would make it 6/6, or 1. The other way would be to divide 360 by 2 to get 1/6 of the piggy bank, or 180. Then you can multiply 180 by 6 to get the entire amount.
Hope this helped ^-^
Answer:
among us
Step-by-step explanation:
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Answer:
I think the first one and the last one
Step-by-step explanation:
ik im wrong
Answer:
The correct option is (D).
Step-by-step explanation:
Percentiles are statistical measures that are used to interpret data. It represents the data value which is more that a specific percentage of the data set.
The <em>n</em>th percentile of a data set is the value that is more that <em>n</em>% of the data set.
⇒ It is provided that a test-taker's score was at the 94th percentile for their verbal grade.
This statement implies that the test taker scored a mark more than 94% of the other test-takers, i.e. he\she performed better than 94% of the other test-takers in the verbal grade.
⇒ Also the test-taker's score was at the 16th percentile for their quantitative grade.
This implies that the test taker scored a mark more than 16% of the other test-takers, i.e. he\she performed better than 16% of the other test-takers in the quantitative grade.
Thus, the correct option is (D).
