Suppose that $2000 is loaned at a rate of 11%, compounded semiannually. Assuming that no payments are made, find the amount owed after 5 years.
Do not round any intermediate computations, and round your answer to the nearest cent.

The final value owed will be $3416.29.

Step-by-step explanation:

Since this is a compound interest problem we should use the apropriate formula given bellow:

M = C*(1 + r/n)^(n*t)

Where M is the final amount, C is the initial amount, r is the interest rate, t is the total time and n is the rate at which it is compounded. Since it's semiannually the value of n is 2 and we can use the formula to find the desired value.

M = 2000*(1 + 0.11/2)^(2*5)

M = 2000*(2/2 + 0.11/2)^(10)

M = 2000*(2.11/2)^(10)

M = 3416.29

The final value owed will be $3416.29.

146 days

step-by-step explanation:

1. (365*2)/5 =

730/5 =

146 days

2. 365/5=

73*2   = 146

c.   x=2.4cm

step-by-step explanation:

similar triangles are triangles which have the same shape but not the same size. this means their angle measures are equal but their side lengths are not instead they are proportional. to solve, we will set up a proportion and solve.

a proportion is two equal ratios set equal to each other. we form the ratios by finding corresponding sides (sides which match to each other on both triangles by their position). out ratios will be one side of the small triangle over the corresponding side on the big triangle as shown below:

.

to solve the proportion, we'll cross multiply by multiplying numerator with denominator across the equal sign.