Answer:
32, 37, 42, 47, 52, 57, 62.
Step-by-step explanation:
It is given that Carissa counts by 5s from 32 to 62.
It means, we have to add 5 in the number to get the next number.
Add 5 in 32.
Now, add 5 in 37.
Similarly, continue the process.
Therefore, the numbers counted by carissa are 32, 37, 42, 47, 52, 57, 62.
Answer:
Step-by-step explanation:
a) How much will you have at the middle of the first year?
Using the formula
where
Given:
Principle P = $300
Annual rate r = 6% = 0.06 per year
Compound n = Semi-Annually = 2
Time (t in years) = 0.5 years
To determine:
Total amount = A = ?
Using the formula
substituting the values
$
Therefore, the total amount accrued, principal plus interest, from compound interest on an original principal of $ 300.00 at a rate of 6% per year compounded 2 times per year over 0.5 years is $ 309.00.
Part b) How much at the end of one year?
Using the formula
where
Given:
Principle P = $300
Annual rate r = 6% = 0.06 per year
Compound n = Semi-Annually = 2
Time (t in years) = 1 years
To determine:
Total amount = A = ?
so using the formula
so substituting the values
$
Therefore, the total amount accrued, principal plus interest, from compound interest on an original principal of $ 300.00 at a rate of 6% per year compounded 2 times per year over 1 year is $ 318.27.