Patrick spent last summer working in construction with his dad, and he put of his earnings into a new high-yield savings account. The money in this savings account will increase by each . Write an exponential equation in the form Patrick's account, , after starting the account. that can model the amount of money in Use whole numbers, decimals, or simplified fractions for the values of and . □ \frac {\square }{\square } (\square ) If Patrick makes no other deposits or withdrawals, after how many will his account have more than ? Submit

Answers

Answer 1

a) An exponential equation in the form of y = a(b)ˣ that can model the amount of money (future value) in Patrick's account, y, x years after starting the account is y = 894(1.02)ˣ.

b) If Patrick makes no other deposits or withdrawals, after 5 years or approximately 6 years his account will have more than $1,000 (future value).

What is an exponential equation?

An exponential equation is a mathematical function, written in the form of y = a(b)ˣ, where y is the ending value, a is the initial value, b is the growth or decay rate, and x is the exponent or number of years.

Thus, there are two types of exponential functions: exponential growth and exponential decay functions.

y = 894(1.02)^6

1,000 ≤ 894(1.02)ˣ

I/Y (Interest per year) = 2%

Present Value = $894

FV (Future Value) ≥ $-1,000

Results:

x = 5.658

x ≈ 6 years

= $1,006.79

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Complete Question:

Patrick spent last summer working in construction with his dad, and he put $894 of his earnings into a new high-yield savings account. The money in this savings account will increase by 2% each year.

a) Write an exponential equation in the form of y = a(b)ˣ that can model the amount of money in Patrick's account, y, x years after starting the account. Use whole numbers, decimals, or simplified fractions for the values of a and b.

y =

b) If Patrick makes no other deposits or withdrawals, after how many years will his account have more than $1,000?


Related Questions

In a right triangle, sin (x + 10)° = cos (4x - 4)°. Solve for x. Round your answer
to the nearest hundredth if necessary.

Answers

The value of variable x is,

⇒ x = 42

We have to given that;

In a right triangle,

⇒ sin (x + 10)° = cos (4x - 4)°

Now, We can simplify as;

⇒ sin (x + 10)° = cos (4x - 4)°

⇒ cos (90 - (x + 10))° = cos (x - 4)°

⇒ 90 - (x + 10) = x - 4

⇒ 90 - x - 10 = x - 4

⇒ 80 + 4 = 2x

⇒ 2x = 84

⇒ x = 42

Thus, The value of variable x is,

⇒ x = 42

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Solve for x. 7.5x/11=4.8/5

Answers

The value of the variable is 1. 40

How to determine the value

we need to know that algebraic expressions are described as expressions that are made up of term, variables, constants, factors and coefficients.

these algebraic expressions are also made up of arithmetic operations.

These arithmetic operations are listed as;

BracketDivisionAdditionSubtractionMultiplicationParentheses

From the information given, we have that;

7.5x/11=4.8/5

cross multiply the values, we get;

7.5x(5) = 4.8(11)

multiply the values

37. 5x = 52. 8

Divide both sides by the coefficient of x, we get;

x = 1. 40

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A water cooler has a storage capacity of 50 litres . If each student on an average consumes 750ml of water. Then how many times cooler tank has to be filled to quench the thirst of 1200 student of school

Answers

The water cooler tank has to be filled 18 times to quench the thirst of 1200 students.

We have

Number of students= 1200

Water consumption per student= 750 ml

So, Total water consumption

= Number of students × Water consumption per student

= 1200 × 750 ml

= 900000 ml

= 900 Liter

Now, the time cooler tank has to be filled to quench the thirst

= 900 / 50

= 18 times

Thus, the water cooler tank has to be filled 18 times to quench the thirst of 1200 students.

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a tutor works with a group of students. the tutor charges 40 +30 for each student in the group. Today the tutor has s students and charges a total of $220.

Answers

Answer:

6600 is the answer

Step-by-step explanation:

need help, im confused​

need help, im confused

Answers

Answer:

  Part A: correct

  Part B: $20

Step-by-step explanation:

Part B:

The amount Vanessa pays for her printer and 2 cartridges is ...

  $90 +2(25) = $140

The amount Tia pays for her printer and 2 cartridges (c=2) is ...

  t = 80 +20(2) = 120 . . . . dollars

Then the difference in the amounts they pay is ...

  $140 -120 = $20

What is the relation of the slopes of perpendicular lines or segments?
A) congruent
B) both positive
C)opposite reciprocals
D)both negative

Answers

Answer:

C

Step-by-step explanation:

In elementary geometry, the property of being perpendicular (perpendicularity) is the relationship between two lines which meet at a right angle (90 degrees). The property extends to other related geometric objects.

Answer: D both negative

Step-by-step explanation:

A bakery sold a total of 500 cupcakes in a day, and 83% of them were vanilla flavored. How many of the cupcakes sold that day were vanilla flavored?

Answers

   Total number of vanila flavored cupcakes sold in a day by the bakery is 415.

Calculations to find the actual number from its percentage:Expression to be used,

        Number of flavored cupcakes = percentage of vanila flavored

                                   cupcakes × Total number of cupcakes sold in a day

Total number of cupcakes sold by the bakery = 500

Percentage of the cupcakes having vanilla flavor = 83%

Number of vanila flavored cupcakes = 83% of 500

                                                             = \(\frac{83}{100}\times 500\)

                                                             = 415

      Therefore, number of vanila flavored cupcakes sold by the bakery will be 415.

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3 4 7 11 next two terms are

Answers

Answer:

18 and 29 are the following terms in the series pattern as a result.

Step-by-step explanation:

The series pattern 1, 3, 4, 7, and 11 is given, and the two next numbers in the series is to be found

Let's find the logic behind the series pattern arrangement

Term one is one, and term two is three.

The third term appears to be the sum of the first and second terms

= 3+4 = 7                                                                                            

The fourth term appears to be the sum of previous two terms

= 4+7 = 11

Accordingly, the following term should be equal to the sum of the two terms before it, which is 7+11 = 18 , using the same pattern.

Similarly Next term is = 11+18 = 29 , using the same pattern.

18 and 29 are the following terms in the series pattern as a result.

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The outside temperature was 2 degrees C. The temperature decressed by 4 degrees C. That was the resulting temperature?

Answers

Answer:

-2

Step-by-step explanation:

2-4=-2

If anyone know how to do this comment

If anyone know how to do this comment

Answers

Answer:

\(\displaystyle y=-\frac{3}{8}x+2\)

Step-by-step explanation:

Perpendicular lines have opposite reciprocal slopes. So, we must first determine our slope of the original equation by converting to slope-intercept form:

\(-8x+3y=-6\\3y=8x-6\\y=\frac{8}{3}x-2\)

Hence, because the slope of the original line is 8/3, then the slope of the perpendicular line is -3/8. We are not done, however, as we need to account for the point that the perpendicular line passes through by solving for the new y-intercept:

\(y=-\frac{3}{8}x+b\\ \\8=-\frac{3}{8}(-16)+b\\\\8=6+b\\\\2=b\)

Thus, the perpendicular line equation is \(y=-\frac{3}{8}x+2\). See below for a graph.

If anyone know how to do this comment

keeping in mind that perpendicular lines have negative reciprocal slopes, let's check for the slope of the equation above

\(-8x+3y=-6\implies 3y=8x-6\implies y=\cfrac{8x-6}{3} \\\\\\ y=\stackrel{\stackrel{m}{\downarrow }}{\cfrac{8}{3}}x-2\qquad \impliedby \begin{array}{|c|ll} \cline{1-1} slope-intercept~form\\ \cline{1-1} \\ y=\underset{y-intercept}{\stackrel{slope\qquad }{\stackrel{\downarrow }{m}x+\underset{\uparrow }{b}}} \\\\ \cline{1-1} \end{array} \\\\[-0.35em] ~\dotfill\)

\(\stackrel{~\hspace{5em}\textit{perpendicular lines have \underline{negative reciprocal} slopes}~\hspace{5em}} {\stackrel{slope}{ \cfrac{8}{3}} ~\hfill \stackrel{reciprocal}{\cfrac{3}{8}} ~\hfill \stackrel{negative~reciprocal}{-\cfrac{3}{8} }}\)

so we're really looking for the equation of a line whose slope is -3/8 and it passes through (-16 , 8)

\((\stackrel{x_1}{-16}~,~\stackrel{y_1}{8})\hspace{10em} \stackrel{slope}{m} ~=~ - \cfrac{3}{8} \\\\\\ \begin{array}{|c|ll} \cline{1-1} \textit{point-slope form}\\ \cline{1-1} \\ y-y_1=m(x-x_1) \\\\ \cline{1-1} \end{array}\implies y-\stackrel{y_1}{8}=\stackrel{m}{- \cfrac{3}{8}}(x-\stackrel{x_1}{(-16)}) \implies y -8= -\cfrac{3}{8} (x +16) \\\\\\ y-8=-\cfrac{3}{8}x-6\implies {\Large \begin{array}{llll} y=-\cfrac{3}{8}x+2 \end{array}}\)

I will mark you brainlist!

How many triangles and rectangles/squares do you need to solve for?

I will mark you brainlist!How many triangles and rectangles/squares do you need to solve for?

Answers

Answer:

8 triangles

Step-by-step explanation:

1 Triangle = 2 needed to be solve. 4 triangle × 2 =8.

solve the equation
a) y''-2y'-3y= e^4x
b) y''+y'-2y=3x*e^x
c) y"-9y'+20y=(x^2)*(e^4x)

Answers

Answer:

a) To solve the differential equation y''-2y'-3y= e^4x, we first find the characteristic equation:

r^2 - 2r - 3 = 0

Factoring, we get:

(r - 3)(r + 1) = 0

So the roots are r = 3 and r = -1.

The general solution to the homogeneous equation y'' - 2y' - 3y = 0 is:

y_h = c1e^3x + c2e^(-x)

To find the particular solution, we use the method of undetermined coefficients. Since e^4x is a solution to the homogeneous equation, we try a particular solution of the form:

y_p = Ae^4x

Taking the first and second derivatives of y_p, we get:

y_p' = 4Ae^4x

y_p'' = 16Ae^4x

Substituting these into the original differential equation, we get:

16Ae^4x - 8Ae^4x - 3Ae^4x = e^4x

Simplifying, we get:

5Ae^4x = e^4x

So:

A = 1/5

Therefore, the particular solution is:

y_p = (1/5)*e^4x

The general solution to the non-homogeneous equation is:

y = y_h + y_p

y = c1e^3x + c2e^(-x) + (1/5)*e^4x

b) To solve the differential equation y'' + y' - 2y = 3xe^x, we first find the characteristic equation:

r^2 + r - 2 = 0

Factoring, we get:

(r + 2)(r - 1) = 0

So the roots are r = -2 and r = 1.

The general solution to the homogeneous equation y'' + y' - 2y = 0 is:

y_h = c1e^(-2x) + c2e^x

To find the particular solution, we use the method of undetermined coefficients. Since 3xe^x is a solution to the homogeneous equation, we try a particular solution of the form:

y_p = (Ax + B)e^x

Taking the first and second derivatives of y_p, we get:

y_p' = Ae^x + (Ax + B)e^x

y_p'' = 2Ae^x + (Ax + B)e^x

Substituting these into the original differential equation, we get:

2Ae^x + (Ax + B)e^x + Ae^x + (Ax + B)e^x - 2(Ax + B)e^x = 3xe^x

Simplifying, we get:

3Ae^x = 3xe^x

So:

A = 1

Therefore, the particular solution is:

y_p = (x + B)e^x

Taking the derivative of y_p, we get:

y_p' = (x + 2 + B)e^x

Substituting back into the original differential equation, we get:

(x + 2 + B)e^x + (x + B)e^x - 2(x + B)e^x = 3xe^x

Simplifying, we get:

-xe^x - Be^x = 0

So:

B = -x

Therefore, the particular solution is:

y_p = xe^x

The general solution to the non-homogeneous equation is:

y = y_h + y_p

y = c1e^(-2x) + c2e^x + xe^x

c) To solve the differential equation y" - 9y' + 20y = x^2*e^4x, we first find the characteristic equation:

r^2 - 9r + 20 = 0

Factoring, we get:

(r - 5)(r - 4) = 0

So the roots are r = 5 and r = 4.

The general solution to the homogeneous equation y" - 9y' + 20y = 0 is:

y_h = c1e^4x + c2e^5x

To find the particular solution, we use the method of undetermined coefficients. Since x^2*e^4x is a solution to the homogeneous equation, we try a particular solution of the form:

y_p = (Ax^2 + Bx + C)e^4x

Taking the first and second derivatives of y_p, we get:

y_p' = (2Ax + B)e^4x + 4Axe^4x

y_p'' = 2Ae^4x +

the sum of two numbers is 39 .one is 2 times as large as the other. what are the numbers ?

larger number

smaller number​

Answers

The larger number would be 26.

The smaller number would be 13.

They add up to 39, and 13 times 2 is 26.

The larger number is 26 and the smaller number is 13.

What is a numerical expression?

A numerical expression is a mathematical statement written in the form of numbers and unknown variables. We can form numerical expressions from statements.

Let, The two numbers be 'a' and 'b'.

Therefore, a + b = 39 and a = 2b.

So, a + b = 39.

2b + b = 39.

3b = 39.

b = 39/3.

b = 13.

Hence, a = 26.

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If gas costs $3.15 per gallon, how many whole gallons of gas could you buy with $27.00? ​

Answers

Answer:

the answer is 9

Step-by-step explanation:

i used a caculator

A Norman window is constructed by adjoining a semicircle to the top of an ordinary rectangular window. What is the maximum area of a Norman window whose perimeter is 9 feet?

Answers

The maximum area of a Norman window with a perimeter of 9 feet is 81π/4 square feet.

To find the maximum area of a Norman window with a given perimeter, we can use calculus. Let's denote the radius of the semicircle as r and the height of the rectangular window as h.The perimeter of the Norman window consists of the circumference of the semicircle and the sum of all four sides of the rectangular window. Therefore, we have the equation:

πr + 2h = 9We also know that the area of the Norman window is the sum of the area of the semicircle and the area of the rectangle, given by:

A = (πr^2)/2 + rh

To find the maximum area, we need to express the area function A in terms of a single variable. We can do this by substituting r from the perimeter equation:

r = (9 - 2h)/(π)

Now we can rewrite the area function in terms of h only:

A = (π/2) * ((9 - 2h)/(π))^2 + h * (9 - 2h)/(π)

Simplifying this equation, we get:

A = (1/2)(9h - h^2/π)

To find the maximum area, we differentiate the area function with respect to h, set it equal to zero, and solve for h:

dA/dh = 9/2 - h/π = 0

Solving this equation, we find:h = 9π/2

Substituting this value of h back into the area function, we get:

A = (1/2)(9 * 9π/2 - (9π/2)^2/π) = (81π/2 - 81π/4) = 81π/4

Therefore, the maximum area of a Norman window with a perimeter of 9 feet is 81π/4 square feet.

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What is the meaning of "each partition P of X defines an equivalence relation on X"?

What is the meaning of "each partition P of X defines an equivalence relation on X"?

Answers

The statement indicates that when a set X is partitioned, each partition forms an  parity relation by grouping together  rudiments that are considered original within each subset, thereby creating distinct and non-overlapping subsets within the original setX.  

The statement" each partition P of X defines an  parity relation on X" means that when a set X is divided into non-overlapping subsets or partitions, each partition creates an  parity relation on the original set X.

An  parity relation is a relation that satisfies three  parcels reflexivity,  harmony, and transitivity.  In the  environment of partitions, when a set X is divided into subsets, each partition forms an  parity relation by grouping together  rudiments that partake a common characteristic or property.

Within each partition, the  rudiments are considered original or affiliated to each other, and they're distinct from  rudiments in other partitions.  The meaning of" each partition P of X" refers to every possible way of dividing the set X intonon-overlapping subsets.

It implies that different partitions may  live grounded on different criteria or conditions for grouping  rudiments.

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Find the volume (to the nearest cubic foot) of a cone with base radius 4 ft. and height 8 ft.

Answers

Answer:

135 ft^3

Step-by-step explanation:

The volume of a cone is \(\frac{1}{3} \pi r^{2}h\). The radius is 4 and the height is 8, so these values can be plugged in:

\(V = \frac{1}{3} \pi \times 4^{2} \times 8\)

\(V = \frac{128\pi }{3}\)

This is about 134.041286553 which rounds to 135 ft^3.

For one month diera calculated her home towns average high temperature

Answers

The answer for this question is Celsius for Fahrenheit.

The Formula for Converting Temperature

To convert temperatures from degrees Fahrenheit to degrees Celsius, multiply the result by.5556 (or 5/9) after subtracting 32.

(50°F - 32) x.5556 = 10°C, for instance.

When converting from degrees Celsius to Fahrenheit, multiply the result by 1.8 (or 9/5) and then by 32.

For instance, (30°C x 1.8) + 32 = 86°F'

Here are two useful charts that translate between F and C as well as between C and F.

How to calculate her home towns average high temperature?

The temperature of f degrees Fahrenheit converted to degree Celsius.

(( f)=5/9 (f-32)

represent the temperature of f degrees Fahrenheit converted to degree Celsius.

The function C(F) will be "C of F" it will be converted Fahrenheit to Celsius.

So that means if the temperature is in Fahrenheit it will be converted to Celsius.

So that means the C(F) represents the Celsius temperature.

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Complete Question -

For one month diera calculated her home town's average high temperature in degrees Fahrenheit. She wants to convert that temperature from degrees FAhrenheit to degrees Celsius using the function C(F) = 5/9(F-32). What does C(F) represent?

Which variable expression represents the phrase "the quotient of 5 times a number and 2"

Answers

Answer:

5n/2

Step by Step Explanation:

Well, 5 times a number (the number is a variable so you just put it next to the 5) and 2 so you are dividing by 2 and the fraction bar is the same as division so 5n/2

how do I multiply numbers​

Answers

Multiply the number in the tens place of the bottom
number by the number in ones place of the top number. So
multiply the 1 by the 5, which makes 5. Multiply the number in
the tens place of the bottom number by the number in tens
place of the top number. Multiply 1 by 2, which equals 2.

if the mean of x,x+3,x-5,2x and 3x then find the value of x​

Answers

The Value of x is 2/3.

The value of x, we need to determine the mean of the given values and set it equal to the expression for the mean.

The mean (average) is calculated by adding up all the values and dividing by the number of values. In this case, we have five values: x, x+3, x-5, 2x, and 3x.

Mean = (x + x+3 + x-5 + 2x + 3x) / 5

Next, we simplify the expression:

Mean = (5x - 2 + 3x) / 5

Mean = (8x - 2) / 5

We are given that the mean is also equal to x:

Mean = x

Setting these two expressions equal to each other, we have:

(x) = (8x - 2) / 5

To solve for x, we can cross-multiply:

5x = 8x - 2

Bringing all the x terms to one side of the equation and the constant terms to the other side:

5x - 8x = -2

-3x = -2

Dividing both sides by -3:

x = -2 / -3

Simplifying, we get:

x = 2/3

Therefore, the value of x is 2/3.

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Help

Don’t use for points or will take it back

HelpDont use for points or will take it back

Answers

Answer:

X is 160 degrees

Step-by-step explanation:

Angles on a straight line add up to 180 degrees.

Answer:

X=160° because straight line =180

180°-20

160°

Same set up as the problem to the left. Fill in the blanks.

Same set up as the problem to the left. Fill in the blanks.

Answers

The blanks that are missing in the sequence are -3 and 11

How to fil in the blanks in the sequence

from the question, we have the following parameters that can be used in our computation:

The blanks in the sequence

When listed out, we have

_, _, 25, 39

Assuming that the sequence, is an arithmetic sequence, then we have

Common difference = 39 - 25

Common difference = 14

This means that

Previous term = 25 - 14 = 11

Firs term = 11 - 14 = -3

So, the missing terms are -3 and 11

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Chau deposited $4000 into an account with 4.3% interest, compounded semiannually. Assuming that no withdrawals are made, how much will he have in the account after 4 years

Answers

Answer:

$ 4,688.00

Step-by-step explanation:

I = 4000 × 0.043 × 4 = 688

I = $ 688.00

$ 688.00 + $ 4,000.00 = $ 4,688.00

Refer to the table summarizing service times​ (seconds) of dinners at a fast food restaurant. How many individuals are included in the​ summary? Is it possible to identify the exact values of all of the original service​ times?
Time (sec) Frequency
60 to 119 7
120 to 179 24
180 to 239 14
240 to 299 1
300 to 359 4

Answers

Answer:

Based on the provided information, the table summarizes service times (in seconds) of dinners at a fast food restaurant. To determine the number of individuals included in the summary, we can sum up the frequencies listed in the table:

7 + 24 + 14 + 1 + 4 = 50

Therefore, there are 50 individuals included in the summary.

Regarding the exact values of all the original service times, it is not possible to determine them precisely based on the given information. The table only provides ranges of service times and their corresponding frequencies. We can determine the range within which each individual's service time falls, but we cannot determine the exact value within that range.

Differentiate y=x4 -x

Answers

Answer:

Step-by-step explanation:

To differentiate the function y = x^4 - x, we will use the power rule of differentiation. The power rule states that if f(x) = x^n, then the derivative of f(x) is f'(x) = nx^(n-1).

So, for y = x^4 - x, we can find the derivative as follows:

y' = 4x^3 - 1

So, the derivative of the function y = x^4 - x is y' = 4x^3 - 1.

Can U Help MeSolve This?

Sequence Rule lNext Term
A. 5,9,17,33,__ l
B. 20,12,8,6,__ l
C. 2,8,26,80.__ l
D. 36,69,135,267__ l
E. 4,9,16,25,__ l ​

Answers

Answer:

A) 65

B) 5

C) 242

D) 531

E) 36

Step-by-step explanation:

A) Let the unknown term be x.

Difference between 5 & 9 = 4

Difference between 9 & 17 = 8 = 4×2

Difference between 17 & 33 = 16 = 8×2

It is observed that the difference between two terms is getting doubled. So,

Difference between 33 & x = 16×2 = 32

∴ x = 33 + 32 = 65

B) Let the unknown term be x.

Difference between 20 & 12 = 8

Difference between 12 & 8 = 8/2 = 4

Difference between 8 & 6 = 4/2 = 2

It is observed that the difference between two terms is getting halved.

Difference between 6 & x = 2/2 = 1

∴ x = 6 - 1 = 5

C) Let the unknown term be x.

Difference between 2 & 8 = 6

Difference between 8 & 26 = 18 = 6×3

Difference between 26 & 80 = 54 = 18×3

It is observed that the difference between two terms is getting tripled.

Difference between 80 & x = 54×3 = 162

∴ x = 80 + 162 = 242

D) Let the unknown term be x.

Difference between 36 & 69 = 33

Difference between 69 & 135 = 66 = 33×2

Difference between 135 & 267 = 132 = 66×2

It is observed that the difference between two terms is getting doubled.

Difference between 267 & x = 132×2 = 264

∴ x = 267 + 264 = 531

E) Let the unknown term be x.

4 = 2²

9 = 3²

16 = 4²

25 = 5²

It is observed that all the terms in the sequence are squares of consecutive natural numbers.

So, x = 6² = 36

) 65 people were asked on the activities they engage in during their free time. The results showed that 23 visit national parks, 26 engage in cycling while 22 engage in swimming. Furthermore 9 engage in swimming and visit national parks, 9 engage in swimming only while 11 visit national parks only. How many engage in
i. Swimming and cycling

Answers

Answer:

Step-by-step explanation:

i am working on the assumption that nobody does all three of them

i got 4 because including the people that do swimming and park, the total number of people that do swimming is 22.

the same logic goes for cycling: including the people that do swimming and visit the national park, the total is 23.

so that means that find how many people do swimming and cycling, we have to add the people doing only swimming, with the people doing both swimming and park and then subtract that answer from 22 which gives you 4

) 65 people were asked on the activities they engage in during their free time. The results showed that

Given that x = 4, b=6 and c = 3. Then 3a + bc = 16. 



true or false?​

Answers

Answer:

False

Step-by-step explanation:

3a + bc = 16.

Let a=4 b=6 c=3

3(4) + 6*3 = 16

Multiply

12+18 =16

30 = 16

False

Answer:

False!

Step-by-step explanation:

There is no a variable that is given, though I'm going to assume you mean that x=4 is supposed to be a=4. If I'm mistaken, there isn't much to say about whether the statement is true or false, because there's no false statement as it'd give you a=? and you can't prove or disprove this information without more information.

If my assumption is correct, we'll first start solving this problem by substituting in the variables, which would give us: 3(4)+(6)(3)=16

Then, we'll evaluate 3(4) first, because of order of operations, which gives us 12. To reiterate the problem, we now have: 12+(6)(3)=16 From here, we can already tell this is going to be a false statement, as there is no way 6 times anything but zero will give a sum less than 6, but if you didn't catch that, we can continue with our next step.

Evaluate (6)(3) in order to get 18, in order to get: 12+18=16

And finally, we'll add. 12+18 is 30, which as we know, is not equal to 16, so that makes this statement false. 30≠16

how much money deposited now will provide payment of Rs. 15000 at the end of each half year for 10 years, if interest is 16% compounded six-monthly

Answers

The interest is 16% compounded semi-annually, is Rs. 121,179.10.

To determine how much money needs to be deposited now to provide a payment of Rs. 15,000 at the end of each half year for 10 years, we will use the formula for the present value of an annuity.

Present value of an annuity = (Payment amount x (1 - (1 + r)^-n))/rWhere:r = interest rate per compounding periodn = number of compounding periodsPayment amount = Rs. 15,000n = 10 x 2 = 20 (since there are 2 half years in a year and the payments are made for 10 years)

So, we have:r = 16%/2 = 8% (since the interest is compounded semi-annually)Payment amount = Rs. 15,000Using the above formula, we can calculate the present value of the annuity as follows:

Present value of annuity = (15000 x (1 - (1 + 0.08)^-20))/0.08 = Rs. 121,179.10Therefore, the amount that needs to be deposited now to provide payment of Rs. 15,000 at the end of each half year for 10 years, if the interest is 16% compounded semi-annually, is Rs. 121,179.10.

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