How much money would you have to invest at 7% compounded semiannually so that the total investment has a value of $2,090 after one year?

Answers

Answer 1

Answer:

$1,951.03.

Step-by-step explanation:

To determine how much money would you have to invest at 7% compounded semiannually so that the total investment has a value of $ 2,090 after one year, the following mathematical calculation must be performed:

X x (1 + 0.07 / 2) ^ 1x2 = 2,090

X x 1,035 ^ 2 = 2,090

X x 1.071225 = 2,090

X = 2,090 / 1.071225

X = 1,951.03

Thus, $ 1,951.03 must be invested at 7% per annum compounded semiannually to have $ 2,090 in the account after one year.


Related Questions

The overall distance traveled by a golf ball is tested by hitting the ball with Iron Byron, a mechanical golfer with a swing that is said to emulate the legendary champion, Byron Nelson. Ten randomly selected balls of two brands are tested and the overall distance measured. Assume the data are normally distributed. The data follow:
Brand 1 257 276 260 262 287 271 260 265 283 271
Brand 2 273 281 279 275 271 270 263 267 263 268
1) Is there evidence to show that there is a difference in the mean overall distance of brands? Use alpha = 0.05.
2) Calculate a 95% two-sided confidence interval on the difference in mean overall distance.

Answers

Answer:

1) Since the calculated value of t = -0.241640 does not fall in the critical region so we accept H0 and conclude that there is not enough evidence to show the difference in the mean overall distance of brands.

2) The 95% CI  is [-18.587; 1.01242]

Step-by-step explanation:

The given data is

Brand 1     257      276     260   262   287   271    260  265   283     271

Brand 2     273     281      279    275   271    270   263   267   263    268

Difference d -16   -5       -19       -13     -16    - 01       -3     -2      20     3 ∑ -98

d²               256     25     361      169    256     1     9      4     400      9 ∑1490

1) Let the hypotheses be

H0: ud= 0 against the claim Ha: ud ≠0

2) The degrees of freedom = n-1= 10-1= 9

3) The significance level is 0.05

4) The test statistic is

t= d`/sd/√n

5) The critical region is ║t║≤ t (0.025,9) = ±2.262

Calculations

6) d`= ∑di/n= -98/10= -9.8

Sd²= ∑(di-d`)²/n-1 = 1/n-1 [∑di²- (∑di)²n]

= 1/9[1490-(-9.8)²/10] =1/9 [1490-9.604]= 164.4884

Sd= 12.825

Therefore

t= d`/ sd/√n

t= -9.8/ 12.825/√10

t= -0.764132/3.16227= -0.241640

7) Conclusion:

1) Since the calculated value of t = -0.241640 does not fall in the critical region so we accept H0 and conclude that there is not enough evidence to show the difference in the mean overall distance of brands.

2) The confidence interval for the difference of two samples can be calculated by

d ` ± td sd/√n

Putting the values

-9.8 ±2.262* 12.825/√10

[-18.587; 1.01242]

Find the volume of the prism.
15 mm
B = 43 mm

Answers

Answer:

161 hope it helps

Step-by-step explanation:

God bless

Hi
Step-by-step explanation
V= area of pentagon x h
So, v=43 x 15 = 645mm^3

The DrJocker

Does anyone know answer please?

Answers

Answer:

Step-by-step explanation:

The complete question in the attached figure

we know that

When two lines are crossed by another line (transversal), a pair of angles on the inner side of each of those two lines but on opposite sides of the transversal, are called Alternate Interior Angles.

When the two lines being crossed are Parallel Lines the Alternate Interior Angles are congruent

In this problem

---> by alternate interior angles

we have

therefore

Hakim is making birdhouses. Each birdhouse uses 7/8 yard of wood. What is the total length of wood Hakim will need to build 5 birdhouses.

Answers

Answer:  4 3/8 yards of wood

Step-by-step explanation:

It would be 5 times the ammount needed for one birdhouse so it would be-

7/8 x 5= 35/8 or 4 3/8

Answer 4 3/8 you need to multiply 7/8 by 5 (7/8 x 5)

Are these triangles similar? If yes, write a similarity statement.

Answers

Yes because they both have the same degrees, but one is slightly rotated

A cereal box has a length of 8 inches, a width of 2 inches and a height of 12 inches. What is the volume of the cereal box?

A. 96 in³

B. 192 in³

C. 48 in³

D. 22 in³

Answers

Answer:

192 in cubed

Step-by-step explanation:

Multiply 12*2= 24*8

Answer:

192 should be yyour answer

Step-by-step explanation:

Which pair of ratios is proportional?

A. 3 ft : 8 sec and 5 ft : 11 sec

B. 6 yd : 10 mi and 18 yd : 30 mi

C. 3:25 and 5:50

D. 6 in. : 8 min and 3 min : 2 in.

Answers

The answer is = d due to the proportional

What is (14x^2– 27x+9) / (7x-3)?

A. 7x-3
B. 2x-3
C. -211x+9
D. 2x-33

Answers

Answer:

B. 2x - 3

Step-by-step explanation:

[tex] \rm \frac{ {14x}^{2} - 27x + 9}{7x - 3} [/tex]

[tex] \rm = \frac{ \cancel{(7x - 3)}(2x - 3)}{ \cancel{7x - 3}} [/tex]

[tex] \boxed{ \rm \bold{= 2x - 3}}[/tex]

Answer:

[tex]\tt{}2x - 3[/tex]

Step-by-step explanation:

[tex] \tt{} \frac{(14 {x}^{2} - 27x + 9) }{(7x - 3)} [/tex]

[tex] \tt{} \frac{14 {x}^{2} - 6x - 21x + 9 }{7x - 3} [/tex]

[tex]\tt{} \frac{2x \times (7x - 3) - 3(7x - 3)}{7x - 3 } [/tex]

[tex]\tt{}2x - 3[/tex]

PLEASE HELP ASAP
Find the missing side of this right
triangle,
Х
8
16
x = [?]

Answers

Answer:

its is 192 I just took this assignment

Expand 68*104.........​

Answers

Answer:

7072

Step-by-step explanation:

You walk into a store that is closing. The pants normally cost $60.00 but it is discounted 75%. They are also taking an additional 20% off. What is the total prrcentage discounted? ​

Answers

hbngfthjhuiuttyui

Step-by-step explanation:

yiutujhyyiiyttthhuijc

25. Which two conversions are correct?
A. 7 mm = 70 cm
B. 7 cm = 0.07 m
C. 7,000 m = 7 km
D. 0.7 cm = 70 mm
E. 7 m = 7,000 km

Answers

Answer:

The answer is B and C

Step-by-step explanation:

1 Meter is equal to 0.001 Kilometer

1 Centimeter is equal to 0.01 Meters

The unit conversions which has the true measurements are

a) 7 cm = 0.07 m

b) 7,000 m = 7 km

What is unit conversion?

In order to translate measurements of a particular amount between different units, a mathematical conversion factor is usually used. This modifies the measurement of the quantity without altering its effects.

The particular circumstances or the intended result control the conversion process. This may be governed by law, a contract, a list of technical specifications, or other publicly available standards.

A precise conversion from one system to another is necessary for some measures in order to maintain the precision of both the original measurement and the conversion.

Based on the connection between a particular pair of original units and a particular pair of target units, each conversion factor is chosen.

Given data ,

Let the unit conversion be represented as A

Let the first measurement be p

where the value of p is

p = 7 cm

From the unit conversion , 1 m = 100 cm

So , 7 cm = 0.07 m

And , let the second measurement be q = 7,000 m

From the unit conversion , 1 km = 1,000 m

7,000 m = 7 km

Hence , the unit conversions are solved

To learn more about unit conversion click :

https://brainly.com/question/19420601

#SPJ2

A sports fan conducted a test to investigate whether male high school athletes are equally divided among football, soccer, swimming, tennis, and basketball. A sample of male high school athletes was selected and the resulting value of the chi-square test statistic was 10.65. Which if the following represents the p value

Answers

Answer:

[tex]P(x^{2} \geq 10.65) = 0.03\\[/tex]

Step-by-step explanation:

Since there are 5 categories, there are 5−1=4 degrees of freedom. The probability of obtaining a chi-square test statistic greater than or equal to 10.65 with 4 degrees of freedom is approximately 0.03, as found using technology.

a set of speakers that regularly cost $160 are on clearance for 35% off. Find the sales price of the speakers

Answers

Answer:

I'm pretty sure this is the answer....

The speakers are $56.

Sorry if i'm wrong. :')

Step-by-step explanation:

Answer:

You want to buy something that costs $160, and it's on sale for 35% off. What is the item's sale price?

First, convert the 35% to a real mathematical number. For percents, this is always done by dividing the 35% by 100%, or 35% / 100% = 0.350.

Second, find out what 35% of $160 is. This is the amount of the sale discount. This is always found by mulitplying 0.350 by the item's cost $160, like this:

0.350 x $160 = $56.00.

So for this sale, you'll save $56.00 on this item.

This means, the cost of the item to you is

$160 - $56.00 = $104.00.

Alternatively, you can think about it this way. The item is 35% off. This means you'll pay 65.000% of the total cost (100% - 35% = 65.000%).

Now what's 65.000% of the total cost?

0.650 x $160 = $104.00.

Just like the result above, the sale price on the item is $104.00

A competitive cliff diver jumps into
water 81 feet below. The distance d that the diver falls
in t seconds is given by the equation d = 16t^2. How
long does it take the diver to hit the water?

Answers

Answer:

2.25 seconds

Step-by-step explanation

[tex]d=16t^{2}[/tex]

[tex]d=81 feet\\t=?[/tex]

Because you know what distance equals you can plug it into the equation

[tex]81=16t^{2}[/tex]

From there you can solve by dividing the 16 over and then square rooting.

[tex]\frac{81}{16}=t^{2}[/tex]

[tex]5.0625=t^{2}[/tex]

You take the square-root to get rid of [tex]t^{2}[/tex]

[tex]\sqrt{5.0625} =\sqrt{t}^{2}[/tex]

[tex]t=2.25[/tex]

The area of a rectangular living room is 264 square feet. The length of the room is 2 feet less than twice the width.
What is the width of the living room in feet?

Answers

9514 1404 393

Answer:

  12 ft

Step-by-step explanation:

Let the width of the room be represented by w. Then the length is (2w-2), and the area is ...

  A = LW

  264 = (2w-2)w

  132 = w² -w . . . . . . . divide by 2, eliminate parentheses

  132.25 = w² -w +.25 . . . . . add (-1/2)² to complete the square

  √132.25 = w -0.5 . . . . . take the square root

  0.5 +11.5 = w = 12 . . . . . add 0.5; use the positive root

The width of the living room is 12 feet.

evaluate the expression for the given value 3a^2 + 6b^3. a=3 b=2​

Answers

Answer:

5. is the answer

Step-by-step explanation:

what is the volume of a cereal box that is 2 inches thick, 12 inches high and 10 inches wide?

Answers

Answer:

240

Step-by-step explanation:

12 times 2 is 24

24 times 10 is 240

Have a nice day

Answer:

240 [tex]Inches^{3}[/tex]

Step-by-step explanation:

1. What is 2/100 + 7/10?​

Answers

The answer is 18/25 or 0.72 in decimal form

Answer:

18/25

Step-by-step explanation:

2/100: left alone. You can reduce the answer later.

7/10: Multiply numerator and denominator by 10

7*10 = 70

10*10 = 100

Result: 70/100

Now add

2/100 + 70/100 = 72/100

Now reduce. Top and bottom can be divided by 4

72/4 = 18

100/4 = 25

Answer 18/25

it takes 2 days to repair 150 meters of road. at this rate, how many days will it take to repair 6 kilometers of road?

Answers

Answer:

4 ndays

Step-by-step explanation:

What is the product of -8 and -7

Answers

Answer:56

Step-by-step explanation: -8x-7=56

Answer: -15

Step-by-step explanation: it will just give you a higher negative number it is literally the opposite from positive equations if u have to negative numbers u add them if there is a negative AND a positive then you substract them :)

Solve for x. Round all answers to the nearest tenth.
27
30

Answers

Answer:

x = 39.3

Step-by-step explanation:

30^2 = 27^2 + AB^2

30^2 - 27^2 = AB^2

AB = 13.1

30÷90 = 13.1÷X

30x = 1179

x = 1179÷30

x=39.3

What is the answer to 1+1 ?​

Answers

Answer:

2

Step-by-step explanation:

1+1=2

Thank you for coming to my TED Talk

Answer:

22

Step-by-step explanation:

The radius of a cylindrical water tank is 4 ft, and its height is 10 ft. What is the volume of the tank?

Answers

Answer:

502 cubic feet

Step-by-step explanation:

The Volume of the tank is 502 cubic feet.

8% of _ Days is 4 days

Answers

Answer:

50

Step-by-step explanation:

Easy question look at the photo.

Answers

Answer:

SSS

Step-by-step explanation:

Answer:

Step-by-step explanation:

sss

Can Someone Help Me. ? It’s Between A Or B

Answers

b option is the answer

I am sure

I think it is option b I’m not sure tho

(factoring polinonomials) help help help help help help please:(((​

Answers

I think it’s b sorry if I’m wrong

find the missing side.

Answers

no sides are missing !

how many square feet are in 88"x107"​

Answers

Answer: 792 i belive

Step-by-step explanation:

Answer: 88 inches x 107 inches = 65.39 ft²

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