subject
Mathematics, 15.09.2021 06:50 puchie1225

Suppose a friend tells you about an annuity that pays 6% annual interest, compounded semi-annually. You invest in the annuity contributing $10,000 semiannually for 6 years. What is the value of the annuity after your last investment? Enter
your answer rounded to the nearest hundred dollars and omit the dollar sign and comma (For example, $42, 570.21
should be entered as 42600.)

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 16:50
The rate of decay of a radioactive substance depends upon the amount present initially. the mass y (mg) of the radioactive substance cobalt-60 present in a sample at time t (years) is represented by the exponential equation y=50e −0.1315 t . answer the following questions in complete sentences. 1. how does the exponential equation above compare to the equation for simple interest that is compounded continuously? explain the similarities. 2. what is the initial amount of cobalt-60 in the sample? 2. how much cobalt-60 is left after 8.4 years? show your work. 3. what would be the y-intercept of the graph? what does it represent? 4. after how many years will the amount of cobalt-60 left be 6.25 mg? explain what happens to the cobalt-60 after 50 years? 5. discuss some “real-world” examples and uses of cobalt-60
Answers: 1
question
Mathematics, 21.06.2019 19:00
Identify the type of observational study described. a statistical analyst obtains data about ankle injuries by examining a hospital's records from the past 3 years. cross-sectional retrospective prospective
Answers: 2
question
Mathematics, 21.06.2019 20:00
Mario has $14.35 left in his wallet. he spent $148.43 for tablecloths. then, he spent $92.05 for napkins. how much money did mario have in his wallet to start with?
Answers: 2
question
Mathematics, 21.06.2019 20:00
The boiling point of water at an elevation of 0 feet is 212 degrees fahrenheit (°f). for every 1,000 feet of increase in elevation, the boiling point of water decreases by about 2°f. which of the following represents this relationship if b is the boiling point of water at an elevation of e thousand feet? a) e = 2b - 212 b) b = 2e - 212 c) e = -2b + 212 d) b = -2e + 212
Answers: 1
You know the right answer?
Suppose a friend tells you about an annuity that pays 6% annual interest, compounded semi-annually....
Questions
question
Mathematics, 29.09.2019 21:30
Questions on the website: 13722367