What is the future value of $500 in 24 years assuming an interest rate of 6 percent compounded semiannually? Multiple Choice $1,962.82 $2.066.13 $1,962.82 $2,066.13 $606.52 $561.92 $2.024.47

Answers

Answer 1

The future value of $500 in 24 years, assuming an interest rate of 6 percent compounded semiannually, is $1,962.82.

To calculate the future value, we can use the formula for compound interest:

FV = PV * (1 + r/n)^(n*t)

Where:

FV = Future value

PV = Present value (initial investment)

r = Interest rate

n = Number of compounding periods per year

t = Number of years

In this case, the present value (PV) is $500, the interest rate (r) is 6 percent (or 0.06), the number of compounding periods per year (n) is 2 (semiannually), and the number of years (t) is 24.

Plugging these values into the formula, we get:

FV = $500 * (1 + 0.06/2)^(2*24)

     = $500 * (1 + 0.03)^(48)

     = $500 * (1.03)^(48)

     ≈ $1,962.82

Therefore, the future value of $500 after 24 years, compounded semiannually at an interest rate of 6 percent, is approximately $1,962.82.

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Related Questions

scale factor 0.1 is it en large preserve or reduce

Answers

Answer:

Stay the same

Step-by-step explanation:

1 * x = x it will stay the same

On Monday, 243 students went on a field trip to the zoo. All 5 buses were filled and 8 students had to ride in a car. How many students were on each bus?​

Answers

Answer:

47 students in each bus

Step-by-step explanation:

243-8= 235

235/5=47

What is the value of b in the linear equation y = 2x + 1?

0 1

0 2

0 3

o I don't know

Answers

Answer:

1

Step-by-step explanation:

The equation is y = mx + b. so in this case 1 is b

Have a nice day! :-)

Urgent!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
The first round of a racquetball tournament begins with 148 players. Every round, half of the players lose and are eliminated from the tournament leaving 74 players in the second round. The tournament continues in the same fashion until one player finally wins the tournament. Determine if the scenario describes an arithmetic or a geometric sequence then write the formula for the sequence described.

Answers

Answer:

Notice that 99 players need to be eliminated for there to be declared a winner. Notice also that every match eliminates exactly one person. Therefore, 99 matches are needed to eliminate 99 people and therefore declare a winner. The rest of the information is irrelevant. Therefore, the total number of matches is text divisible by 11.

Find the value of each varlable.
11. X
10
45
у

Find the value of each varlable.11. X1045

Answers

Answer:

X=10

sin45=10/y

0.707106781186×y=10

y=14.14213562373

2)the left angle=180-(90+60)

=180-150

=30

sin30=X/32

0.5×32=X

X=16

sin60=y/32

0.866025403784×32=y

y=27.71281292110

(round those numbers)

write 6cm and 4mm in metres as fraction and then decimal

Answers

From the unit conversion is found that: 6 cm=0.06 m = \(\frac{6}{100}\) m and                4 mm=0.004 m = \(\frac{4}{1000}\) m.

Unit Conversion

The unit of a length is the essential information and there are different units for the length. In the International System Units (SI), the standard unit for length is the meter (m).  Nonetheless, there are others units, for example: inches (in) and  yard (yd).

For solving this exercise, you need to know the relation between the units of the length in the  SI unit.

1 kilometer (km) = 1000 meters (m)

1 hectometer (hm) = 100 meters (m)

1 dekameter (dam) = 10  meters (m)

1 meter (m)

1 decimeter (dm) = 0.1 meters (m)

1 centimeter (cm) = 0.01 meters (m)

1 milimeter (mm) = 0.001 meters (m)

Now you can solve the question

6cm  in meters

   

        1 cm ------- 0.01 m

        6 cm ------ x

     

        x=6*0.01 =0.06 m = \(\frac{6}{100}\) m

4 mm  in meters

   

        1 mm ------- 0.001 m

        4 mm ------ x

     

        x=4*0.001 =0.004 m = \(\frac{4}{1000}\) m

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Adam is rewriting the expression 8^5/8^2 in equivalent form. His steps

Answers

The correct equivalent form of 8⁵/8² is Adam made an error in step 2. The denominator should be 1, not 8¹. Option B is correct.

In step 2, Adam used the property of exponents that states: \(a^{(m-n)}\) = \(a^{m}\) / \(a^{n}\). However, he made a mistake by writing 8¹in the denominator instead of 1.

The correct expression after step 2 should be:

\(8^{5-2}\) /1 = 8³

Then, in step 3, Adam used the property of exponents that states: \(a^{m}\) / a =   \(a^{m-1}\). This step is correct, and the expression becomes:

\(8^{3/8}\)

Finally, in step 4, Adam simplified the expression by dividing 8³ by 8². This step is also correct, and the expression simplifies to:

8¹ = 8

Therefore, the correct equivalent form of 8⁵/8² is 8.

Hence, B. Adam made an error in step 2. The denominator should be 1, not 8¹ is the correct option.

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--The given question is incomplete, the complete question is

"Adam is rewriting the expression 8^5/8^2 in equivalent form. His steps are shown: step 1: 8^5/8^2, step 2:  8^(5-2)/8^1, step 3: 8^3/8, step 4: /8^2. which statement describes the step and the error Adam made in that step? A) Adam made an error in step 2. The exponent in the numerator should be 5+2 B) Adam made an error in step 2. The denominator should be 1, not 8^1 C)  Adam made an error in step 3. The value of 8^1 is 1, not 8."--

kevin and isabel are standing on a riverbank, 150 meters apart, at points a and b respectively. isabel is 240 meters sfrom a house located across the river at point c. suppose that angle a (angle bac) is 46 degrees. what is the measure of angle b (angle abc)?

Answers

the measure of angle B (angle ABC) is 46 degrees.

To find the measure of angle B (angle ABC), we can use the property that the angles in a triangle sum up to 180 degrees.

In triangle ABC, we know that angle A (angle BAC) is 46 degrees.

Since angle A and angle B are opposite to sides of equal length (150 meters), angle B will also be 46 degrees.

what is angle?

In mathematics, an angle is a geometric figure formed by two rays (or lines) that share a common endpoint, called the vertex of the angle. The two rays are referred to as the sides of the angle. Angles are typically measured in degrees or radians and are used to describe the amount of rotation or inclination between two lines or objects. They play a fundamental role in geometry and trigonometry, and are used in various mathematical applications and calculations.

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what is 3x-2-7x = 10x + 4?

Answers

Step-by-step explanation:

Step 1: Simplify both sides of the equation.

3x−2−7x=10x+4

3x+−2+−7x=10x+4

(3x+−7x)+(−2)=10x+4(Combine Like Terms)

−4x+−2=10x+4

−4x−2=10x+4

Step 2: Subtract 10x from both sides.

−4x−2−10x=10x+4−10x

−14x−2=4

Step 3: Add 2 to both sides.

−14x−2+2=4+2

−14x=6

Step 4: Divide both sides by -14.

−14x−14=6−14

x=−3/7

Answer:

x=−3/7

The  value of x is -3/7.

What is Equation?

Equations are mathematical statements with two algebraic expressions flanking the equals (=) sign on either side.

It demonstrates the equality of the relationship between the expressions printed on the left and right sides. LHS = RHS is a common mathematical formula.

Coefficients, variables, operators, constants, terms, expressions, and the equal to sign are some of the components of an equation. The "=" sign and terms on both sides must always be present when writing an equation.

Given:

3x-2-7x = 10x + 4

Now, solving for x

3x-2-7x = 10x + 4

-4x - 2= 10x + 4

-4x - 10x = 4 + 2

-14x = 6

x= -6/14

c= -3/7

Hence, the value of x is -3/7.

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If sin pi/12 = 1/2 Squareroot A - Squareroot B, then, by using a half-angle formula,
find A =_____
B =______

Answers

The value of A and B is A - √B = 2 - √3.

What is the simplification?

Simplifying simply is to make anything easier to understand. Simply or simplification in mathematics refers to reducing an expression/fraction/problem to a simpler version. It simplifies the problem by calculating and solving it.

Here, we have

Given: sin(π/12) = \(\frac{1}{2} \sqrt{A-\sqrt{B} }\)

We have to find the value of A and B.

Now, we multiply both sides by 2 and we get

2×sin(π/12) = 2× \(\frac{1}{2} \sqrt{A-\sqrt{B} }\)

2sin(π/12) =  \(\sqrt{A-\sqrt{B} }\)

Now, Simplify and we get

\(\sqrt{A-\sqrt{B} }\)  = \(\frac{{\sqrt{6} - \sqrt{2} } }{2}\)

To remove the radical on the left side of the equation, square both sides of the equation.

\((\sqrt{A-\sqrt{B}})^2\)   =   \((\frac{{\sqrt{6} - \sqrt{2} } }{2})^2\)

Simplify each side of the equation.

A - √B = 2 - √3

Hence, the value of A and B is A - √B = 2 - √3.

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Find the length of the side labeled ‹. Round intermediate values to the nearest tenth. Use the
rounded values to calculate the next value. Round your final answer to the nearest tenth.

Find the length of the side labeled . Round intermediate values to the nearest tenth. Use therounded

Answers

From the given triangle, the length of the side labeled "x" is 42.7.

Correct option: C

What is triangle?

Triangular polygons in geometry are those with three sides and three vertices. There are three straight sides to this two-dimensional shape. Three-sided polygons include triangles. A triangle's three angles add up to a whole 180 degrees.

First, calculate the height (h) of the triangle, as below:

tan(α) = Opposite/Adjacent

Given,

α = 48º

Opposite=23

Adjacent=h

When you substitute these values into

tan(α) = Opposite/Adjacent,

tan(α) = Opposite/Adjacent

tan (48º)= 23/h

Now, you must clear "h":

h × tan(48º) = 23

h = 23 / tan(48º)

h = 20.71

Next, the value of "x" is:

Cos(β) = Adjacent/Hypotenuse

β = 61º

Adjacent = h = 20.71

Hypotenuse=x

When you substitute these values into

Cos(β) = Adjacent/Hypotenuse

Cos(61º)=20.71/x

Now, must clear "x", as below:

x (Cos(61º)) = 20.71

x = 20.71 /Cos(61º)

x = 42.72

So, option C is the correct answer.

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Which of the following is not an identity?

Which of the following is not an identity?

Answers

The answer to this question would be (B)

Answer: csc^2x+sec^2x=1

Step-by-step explanation:

Find mean of the data: 20,50,80,50.

Answers

Answer:

50

Step-by-step explanation:

The mean of a data set refers to the average. To find the average, calculate the sum of the data and divide by the number of values.

\(\frac{20+50+80+50}{4}=\frac{200}{4}=50\)

Add all four numbers up you get 200. Since you have 4 numbers in the data set you divide 200 by 4 which is 50
The answer is 50

Twenty-four is ___% of 80

Answers

Answer:

30

Step-by-step explanation:

Answer:

30

Step-by-step explanation:

i really don't have a method for this, just try a number you think is close, go up, or down depending on the number

-3x + 4 = -8Need help solving please don’t send me a link can’t access it thanks

Answers

Given the equation

\(-3x+4=8\)

Make x the subject and simplify

\(\begin{gathered} -3x=8-4 \\ -3x=4 \\ x=\frac{4}{-3} \\ x=-\frac{4}{3} \\ x=-1\frac{1}{3} \end{gathered}\)

Hence, the value of x = -4/3 = -1 1/3

three groups of participants are asked to read a short story and then take a multiple-choice test on the content of the story. one group is given 10 minutes to read the story, a second is given 15 minutes, and a third 20 minutes. the independent variable in this study is

Answers

Independent variable t is time given to read story, dependent variable y is test scores, relationship modeled as y = f(t).

What is variable ?

variable, In algebra, a symbol (usually a letter) standing in for an unknown numerical value in an equation. Commonly used variables include x and y (real-number unknowns), z (complex-number unknowns), t (time), r (radius), and s (arc length).

Let's denote the amount of time given to read the story as t. The independent variable t has three levels: t = 10 minutes, t = 15 minutes, and t = 20 minutes.

The dependent variable y is the test scores on the content of the story. The purpose of the study is to determine the relationship between the independent variable t and the dependent variable y.

The problem can be mathematically represented as:

y = f(t)

where f is a function that represents the relationship between the independent variable t and the dependent variable y.

Independent variable t is time given to read story, dependent variable y is test scores, relationship modeled as y = f(t).

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Independent variable t is time given to read story, dependent variable y is test scores, relationship modeled as y = f(t).

variable, In algebra, a symbol (usually a letter) standing in for an unknown numerical value in an equation. Commonly used variables include x and y (real-number unknowns), z (complex-number unknowns), t (time), r (radius), and s (arc length).

Let's denote the amount of time given to read the story as t. The independent variable t has three levels: t = 10 minutes, t = 15 minutes, and t = 20 minutes.

The dependent variable y is the test scores on the content of the story. The purpose of the study is to determine the relationship between the independent variable t and the dependent variable y.

The problem can be mathematically represented as:

y = f(t)

where f is a function that represents the relationship between the independent variable t and the dependent variable y.

Independent variable t is time given to read story, dependent variable y is test scores, relationship modeled as y = f(t).

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PLEASE HELP WILL MARK BRAINLIEST NO RANDOM ANSWERS

PLEASE HELP WILL MARK BRAINLIEST NO RANDOM ANSWERS

Answers

Answer:

2 is the correct answer

What is the length of the missing side, x?
40 in.
51°
Your answer
74°
35 in.
74°
X
49 in.
55°

Answers

Step-by-step explanation:

write the question properly

Taylor's mom purchased a savings bond for Taylor. The value of the savings bond increases by 8% each year. One year after it was purchased, the value of the savings bond was $243. Find the value of the bond when Taylor's mom purchased it.

Answers

Answer: $225

Step-by-step explanation:

Let the value of the bond at the purchase price be x.

Based on the information in the question, the equation to solve the question will be:

x + (8% × x) = $243

x + (8/100 × x) = $243

x + 0.08x = $243

1.08x = $243

x = $243/1.08

x = $225

Taylor's mom purchased the bond at $225

Find the measure of each numbered angle.

angle 1 is
angle 2 is
angle 3 is

Find the measure of each numbered angle.angle 1 isangle 2 isangle 3 is

Answers

Answer: 360

253

Step-by-step explanation:

Solve -51/2+63/4+(-41/4)

Answers

Answer:

-20 is your answer

Step-by-step explanation:

A company orders 15 boxed lunches from a deli for $150. If each boxed lunch costs the same amount, what is the unit cost of each boxed lunch?

Answers

Answer: $10 per boxed lunch

Step-by-step explanation: Take the total cost of the boxed lunches, $150, and divide it by the number of boxed lunches, 15, to get the answer, $10 per boxed lunch.

solve 15 2x = 36. round to the nearest ten-thousandth.

Answers

To solve the equation 15 + 2x = 36, we can start by subtracting 15 from both sides of the equation to get 2x = 21. Then, we can divide both sides by 2 to get x = 10.5. Rounded to the nearest ten-thousandth, the solution is x = 10.5000.

2/3x+8=18 i can’t figure out the answer

Answers

Answer: x=15

Step-by-step explanation:

subtract 8 from 18 = 10 then divide the 10 by 2/3

How do I find the Improper fraction for
\(2 \frac{n}{2} \)​

Answers

$2{n\over2}=2+{n\over2}={4\over2}+{n\over2}={4+n\over2}$

Which scenario cannot be modeled by a right triangle?
A 13-foot ladder is placed 5 feet away from a wall. The distance from the ground straight up to the top of the wall is 12 feet.
Wendy leaves school to go home. She walks 60 yards north and then 80 yards west. She is 10 yards from the school.
The dimensions of a triangular-shaped garden are 28 yards, 53 yards, and 45 yards.
A Babylonian writing mentioned a triangle with side lengths 120, 169, and 119.

Answers

Answer: B.Wendy leaves school to go home. She walks 60 yards north and then 80 yards west. She is 10 yards from the school.

Answer:

B Wendy leaves school to go home. She walks 60 yards north and then 80 yards west. She is 10 yards from the school.

Step-by-step explanation:

I got it right on edge I hope this helps you :)

Can someone help me out with this question? I’m stumped. First to answer will get Brainliest!

Can someone help me out with this question? Im stumped. First to answer will get Brainliest!

Answers

Answer:

D. reflection then rotation

Step-by-step explanation:

ABC then A'B'C' then A''B''C''

Following this order, you can see that ABC is reflected across the x-axis to create A'B'C'.

A'B'C' is then rotated anticlockwise to create A''B''C''. How do we know this? The vertexes are pointing in different directions. If it was translated then B' would have been facing downwards instead of facing to the right

the garden clud at central middle school is planting a flower bed. a scale drawing of the flower is shown. the scale 1 in. :2 ft

Answers

If the plant is n inches then,

the actual plant = 2n feet.

What is a scale factor?

The ratio of the scale of an original thing to a new object that is a representation of it but of a different size is known as a scale factor (bigger or smaller).

Given:

The garden club at central middle school is planting a flower bed.

A scale drawing of the flower is shown.

The scale 1 in:2 ft

The scale factor,

the model = 1 inch

Then the actual plant = 2 feet.

If the plant is n inches then,

the actual plant = 2n feet.

Therefore, If the plant is n inches then, the actual plant = 2n feet.

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find the area and perimeter of the figure and show work question 30

find the area and perimeter of the figure and show work question 30

Answers

Answer:

Perimeter = 24 cm

Area = 27.6 cm²

Step-by-step explanation:

Perimeter = 8 + 8 + 8 = 24 cm

A(Triangle) = 1/2(8)(6.9) = 27.6 cm²

ASAP help with this!

ASAP help with this!

Answers

2 7/12


Hope this helps
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