To solve this we are going to use the future value of annuity due formula:
![FV=(1+ \frac{r}{n} )*P[ \frac{(1+ \frac{r}{n})^{kt}-1 }{ \frac{r}{n} } ]](https://tex.z-dn.net/?f=FV%3D%281%2B%20%5Cfrac%7Br%7D%7Bn%7D%20%29%2AP%5B%20%5Cfrac%7B%281%2B%20%5Cfrac%7Br%7D%7Bn%7D%29%5E%7Bkt%7D-1%20%7D%7B%20%5Cfrac%7Br%7D%7Bn%7D%20%7D%20%5D)
where

is the future value

is the periodic deposit

is the interest rate in decimal form

is the number of times the interest is compounded per year

is the number of deposits per year
We know for our problem that

and

. To convert the interest rate to decimal form, we are going to divide the rate by 100%:

. Since Ruben makes the deposits every 6 months,

. The interest is compounded semiannually, so 2 times per year; therefore,

.
Lets replace the values in our formula:
![FV=(1+ \frac{r}{n} )*P[ \frac{(1+ \frac{r}{n})^{kt}-1 }{ \frac{r}{n} } ]](https://tex.z-dn.net/?f=FV%3D%281%2B%20%5Cfrac%7Br%7D%7Bn%7D%20%29%2AP%5B%20%5Cfrac%7B%281%2B%20%5Cfrac%7Br%7D%7Bn%7D%29%5E%7Bkt%7D-1%20%7D%7B%20%5Cfrac%7Br%7D%7Bn%7D%20%7D%20%5D)
![FV=(1+ \frac{0.1}{2} )*420[ \frac{(1+ \frac{0.1}{2})^{(2)(15)}-1 }{ \frac{01}{2} } ]](https://tex.z-dn.net/?f=FV%3D%281%2B%20%5Cfrac%7B0.1%7D%7B2%7D%20%29%2A420%5B%20%5Cfrac%7B%281%2B%20%5Cfrac%7B0.1%7D%7B2%7D%29%5E%7B%282%29%2815%29%7D-1%20%7D%7B%20%5Cfrac%7B01%7D%7B2%7D%20%7D%20%5D)
We can conclude that the correct answer is <span>
$29,299.53</span>
Answer: B. a savings account earns interest
Step-by-step explanation: Money loses value over time as the rate of inflation increases. In this scenario, when you have some money to spare, the ideal is to seek some kind of investment that earns interest.
Saving is one such option. The money in savings earns interest and is highly liquid, meaning it can be used at any time. In addition, saving is a very...
The slope of CD is

The slope of the perpendicular bisector is the negative reciprocal,

The perpendicular bisector passes through M, the midpoint of CD
M =( (0+2)/2, (-4 + 6)/2) = (1, -1)
So point slope form for the perpendicular bisector is

Solving for y gives slope intercept form.

Not sure how to type that without spaces; we didn't have online homework back then.
Answer: y=(-1/5)x-4/5
Answer: - 49
Step-by-step explanation:
f(x) = -2x - 1
g(x) =
- 1
fg(x) = f (
- 1) , we just put in the value of g(x) , the next thing is to substitute
- 1 for the value of x in f(x) , that is
fg(x) = -2(
- 1) - 1
fg(x) = -2
+ 2 - 1
fg(x) = -2
+ 1
Therefore : fg(-5) means we will substitute -5 for x in fg(x) , that is
fg(-5) = -2 (
+ 1
fg(-5) = -2(25) + 1
fg(-5) = -50 + 1
fg(-5) = -49
'what number' indicates an unknown value we can represent with 'x'
'is' indicates an equal sign.
25% = 0.25
'of' indicates multiplication.
x = 0.25 * 180
x = 45