There you go! Hope this helped!✌️
Answer:
Semi-annually: A = $24 178.51
Quarterly: A = $24 205.73
Monthly: A = $24 224.13
Step-by-step explanation:
The formula for compound interest is
A = P(1 + r)ⁿ
A. Compounded semi-annually
Data:
P = $20 000
APR = 4.8 %
t = 4 yr
Calculations:
n = 4 × 2 = 8
r = 0.048/2 = 0.024
A = 20 000(1+ 0.024)⁸
= 20 000 × 1.024⁸
= 20 000 × 1.208 926
= $24 178.51
B. Compounded Quarterly
n = 4 × 4 = 16
r = 0.048/4 = 0.012
A = 20 000(1+ 0.012)¹⁶
= 20 000 × 1.012¹⁶
= 20 000 × 1.210 286
= $24 205.73
C. Compounded monthly
n = 4 × 12 = 48
r = 0.048/12 = 0.004
A = 20 000(1+ 0.004)⁴⁸
= 20 000 × 1.004⁴⁸
= 20 000 × 1.211 207
= $24 224.13
<span>A rational number is a number that can be written as a ratio. That means it can be written as a fraction, in which both the numerator (the number on top) and the denominator (the number on the bottom) are whole numbers. The number 8 is a rational number because it can be written as the fraction 8/1.</span>
<span>Cows (C)→ 4 legs
Chickens (c) → 2 legs
C+c=13 |×4
4C+2c=36
4C+4c=52
4C+2c=36
--------------- (-)
2c=16
c=8 chickens
C=13-8
C=5 cows
</span>
