ANSWER
Find out the how old was we when he died.
To proof
Let us assume that the age of the Adam be x
As given
Adam lived a quarter of his life as a boy as fifth as a young man, a third in middle-age and 13 years in retirement.
L.C.M of denominator i.e ( 4,5,3) =60
than the equation becomes
60x = 15x + 12x +20x +780
60x - 47x = 780
13x = 780
x = 60 years
therefore the Adam age when he died is 60 years.
Hence proved
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.