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:
Step-by-step explanation:
Divide the tens column dividend by the divisor.
Multiply the divisor by the quotient in the tens place column.
Subtract the product from the divisor.
Bring down the dividend in the ones column and repeat.
okay so look at the image down below
Answer:
**If the interest is by year then this should work
The interest is $15600 and the amount is $80600.
Step-by-step explanation:
Problem
You deposit $65000 into a bank account paying 6% simple interest per year. You left the money in for 4 years. Find the interest earned and the amount at the end of those 4 years?
Result:
The interest is $15600 and the amount is $80600.
Answer: H
Step-by-step explanation:
, which is an integer.
Answer:
32º
Step-by-step explanation:
Fº-32 ×5/9
5/9Fº-160/9
5/9Fº =160/9
(5Fº)9=9(160)
45Fº=1440
divide both sides by 45
Fº=32