If $16,000 is invested at 8% for 12 years, find the future value if the interest is compounded semiannually.
?
Please round the answer to the nearest cent.
?
$__________
Fill in the blank(s) with the appropriate word(s).
41,012.87
You might also like to view...
Provide an appropriate response. Use a table of solutions to graph the quadratic equation:y = -2x2
A.
B.
C.
D.
Water flows from a tank of constant cross-sectional area 50 through an orifice of constant cross-sectional area 1/4
located at the bottom of the tank. Initially, the height of the water in the tank was 20 ft, and t sec later it was given by the equation
. How fast was the height of the water decreasing when its height was 2 ft?
a. ft/sec
b. 2/25 ft/sec
c. ft/sec
Calculate the final balance after compounding the interest. Round to the nearest cent, if necessary.
A. Final Balance: $90.00 B. Final Balance: $704.98 C. Final Balance: $694.58 D. Final Balance: $696.88
Write an inequality that satisfies the description.Outside the circle with radius 5 and center (0, 0)
A. x2 + y2 > 25 B. x2 - y2 > 25 C. x2 + y2 < 25 D. x2 + y2 < 5