Find the accumulated value of an investment of $14,000 at 10% compounded semiannually for 11 year

Answers

Answer 1

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:

[tex]A=P\left(1+\dfrac{r}{n}\right)^{nt}[/tex]

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 [tex]P=14000,r=0.10,n=2,t=11[/tex] in the above formula, we get

[tex]A=14000\left(1+\dfrac{0.10}{2}\right)^{2(11)}[/tex]

[tex]A=14000\left(1+0.05\right)^{22}[/tex]

[tex]A=14000\left(1.05\right)^{22}[/tex]

[tex]A\approx 40953.65[/tex]

Therefore, the accumulated value of the given investment is $40953.65.

Answer 2

Answer:

A = $41,867.06

A = P + I where

P (principal) = $14,000.00

I (interest) = $27,867.06

Step-by-step explanation:

Given: Investment = $14,000 Annual Rate: 10% compounded semiannually = 11 year

To find: The accumulated value of an investment

Formula: [tex]A = P(1 + \frac{r}{n}) ^n^t[/tex]

Solution: First, convert R as a percent to r as a decimal

r = R/100

r = 10/100

r = 0.1 rate per year,

Then solve the equation for A

A = P(1 + r/n)nt

A = 14,000.00(1 + 0.1/12)(12)(11)

A = 14,000.00(1 + 0.008333333)(132)

A = $41,867.06

Henceforth:

The total amount accrued, principal plus interest, with compound interest on a principal of $14,000.00 at a rate of 10% per year compounded 12 times per year over 11 years is $41,867.06.


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Answer:

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Step-by-step explanation:

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Answers

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Step-by-step explanation:

Put the numbers in the equation ,a calculator will be better.

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The sine rule for the area of the triangle is defined as the area of the triangle that can be calculated by the product of the half of the two sides of the triangle and the sine of the angle between the two sides.

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Here given in the figure the triangle has two sides of lengths 12cm, and 5.5cm.

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Answers

Answer:

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Step-by-step explanation:

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Answers

Answer:

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Step-by-step explanation:

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Answers

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Answers

Answer:

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Step-by-step explanation:

Since Joseph is planning to meet up with his friend Naomi, and Joseph jogs from his house traveling at a rate of 4 miles per hour, while Naomi is initially 27 miles from Joseph's house and travels towards Joseph at 5 miles per hour, for To determine how many hours went by before they met and how many miles were they from Joseph's house when they met, the following calculations should be performed:

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Step-by-step explanation:

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Answer:

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Answers

Answer:

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Answers

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Answers

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Answer:

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Answers

Answer:

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Answers

Answer:

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Answers

Answer:

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Answers

Answer:

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Answers

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Answers

Answer:

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Answer:

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Answers

Answer:

7.5

Step-by-step explanation:

Answer:

Step-by-step explanation:

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Answer:

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type it in the calculator bc i dont have mine rn

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Answers

Answer:

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------------------

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