Given:
Principal = $14000
Rate of interest = 10% compounded semiannually.
Time = 11 years.
To find:
The accumulated value of the given investment.
Solution:
Formula for amount or accumulated value after compound interest is:
Where, P is the principal values, r is the rate of interest in decimal, n is the number of times interest compounded in an year and t is the number of years.
Compounded semiannually means interest compounded 2 times in an years.
Putting 
in the above formula, we get
Therefore, the accumulated value of the given investment is $40953.65.
Answer:
1.) The answer is b = 6
2.) The answer is t = 10
Step-by-step explanation:
For the first equation in order to fin out the answer we do.....
b + 8 = 14
b + 8 - 8 = 14 - 8
b = 6
For the second question we do....
25 - t = 15
25 - t + t = 15 + t
25 = 15 + t
25 - 15 = 15 + t -15
10 = t
Answer:
6.48 dollars total,
Step-by-step explanation:
First, you would want to multiply the amount of money per pound, by the amount of pounds. 1.60 multiplied by 4 1/2 or 4.5, would equal to 7.2 dollars. In order to find 10% of 7.2, your would need to multiply 7.2 by 0.10, which would give you 0.72. Then you would subtract 7.2 by 0.72 to get 6.48. So your answer would be 6.48 dollars. Hoped this helped.
Answer:
-10/3 or -3.33
Step-by-step explanation:
substitute 0 for y
0 = 6x + 20
-20 = 6x + 20 - 20 subtract 20 on both sides
-20 = 6x divide by 6 on each side
-20/6 = 6x/6
x = -20/6 simplify
x = -10/3
