The future value of $1,000 invested at 8% compounded semiannually for five years is 
<u>Solution:</u>
----------- equation 1
A = future value
P= principal amount
i = interest rate
n = number of times money is compounded
P = 1000
i = 8 %

(Compounding period for semi annually = 2)

Dividing “i” by compounding period

Solving for future value using equation 1



1 because 14000=1 can which is greater than 6200. He can’t buy parts of a can so he will have to use the whole can with some left to spare.
Answer:
On the 1st Jan 2012 Beth invested some money into a bank account.The account pays 2.5% interest per year.On the 1st Jan 2013 she withdraws £1000.
Step-by-step explanation:
13 she withdraws £1000.On the 1st Jan 2014 she had £17,466 in the account.How much money did Beth originally invest into the account.Please show your method.
Step-by-step explanation:
in the textbook column you can find the search symbol
there you can search for the hook you want
hope this is what you wanted
Answer:
x=29 CEF=103 BEF=58
Step-by-step explanation:
161=3x+16+2x
5x=145
x=29