Deshaun deposited $4000 into an account with 5.1% interest, compounded semiannually. assuming that no withdrawals are made, how much will he have in the account after 3 years?

A = $4652.37

Step-by-step explanation:

Given:

Initial amount (P) = $4000

Interest rate (r) = 5.1 %

                      n = 2 (Compounding per year)

                      t = 3 years

Using Compound interest formula:

is the amount after 3 years!

Step-by-step explanation:

Data:

= 4000 initial amount

= rate at which the interest is applied per period = 2 times per year.

= periods = 3 years

= number of times the interest is applied = 2*3= 6 times.

= interest rate = 5.1% = 0.051

Now we can use our compound interest formula:

is the amount after 3 years!

x is the total time in minutes for the free response

you are given number of questions as 15 - m and time per item as 8 minutes

to find x multiply the two givens together:

x = 8 * (15-m) = 8(15-m)

57.09 minus 7.0435 equals

step-by-step explanation:

just subtrach them both and u get the answer of 50.0465