The required equation is y = 10000(1.0.25)^2x. The value of Christina’s investment after 20 years is $30,773.14
Compound interest
The interest accrued on a sum of money is known as interest. The formula for calculating the compound interest is expressed as:
y = y0(1+r/n)^nx
where
x is the time taken
r is the rate in decimal
n is the compounding time
Given the following
x = 20 years
n 2(semi annually)
r = 5.7% = 0.057
Substitute
y = 10000(1+0.057/2)^2(20)
y = 10,000(1 + 0.0285)^40
y = 10000(1.0285)^40
y = 30,773.14
Hence the value of Christina’s investment after 20 years is $30,773.14
Learn more on compound interest here: brainly.com/question/24924853
Answer: 88º
Step-by-step explanation:
180-47=133-45=88
Answer:
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Step-by-step explanation:
We are going to use the identity
because this identities right hand side matches your expression where
and
.
So we have that
is equal to
.
Answer:
The answer is 0.9789 approximately equal to 0.9790
Step-by-step explanation:
See the attached files for the details, hope it is clearly understood.
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pdf
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Answer -864338
Step-by-step explanation:
i used this app photo math it does all the work for you and gives you a step by step on explaining the math problem