$MathMaster logo$

MathMaster

Home
general
2 pito perez was saving the amount of 1 500 at the beginning of each fortnight for 10 years what is the final amount accum

Question

2) Pito Pérez was saving the amount of $1,500 at the beginning of each fortnight for 10 years. What is the final amount accumulated at the end of the last fortnight? with an interest rate of 12% per year compounded biweekly

275

likes

1377 views

Answer to a math question 2) Pito Pérez was saving the amount of $1,500 at the beginning of each fortnight for 10 years. What is the final amount accumulated at the end of the last fortnight? with an interest rate of 12% per year compounded biweekly

$Expert avatar$

4.7

109 Answers

1500\times\frac{\left(1+\frac{12\%}{26}\right)^{}^{26\times10}-1}{\frac{12\%}{26}} \times\left(1+\frac{12\%}{26}\right)=754529.61

Frequently asked questions (FAQs)

Question: What is the maximum value of the function f(x) = x^3 - 6x^2 + 9x - 2 on the interval [0, 5]?

+

Math question: What is the equation of the reciprocal function g(x) with vertical asymptote at x = 3 and the x-intercept at (4, 0)?

+

What is the average monthly income of 100 households in a neighborhood?

+

New questions in Mathematics

2. Juan is flying a piscucha. He is releasing the thread, having his hand at the height of the throat, which is 1.68 meters from the ground, if the thread forms an angle of elevation of 50°, at what height is the piscucha at the moment that Juan has released 58 meters of the thread?

[(36,000,000)(0.000003)^2]divided(0.00000006)

Margin of error E=0.30 populations standard deviation =2.5. Population means with 95% confidence. What I the required sample size (round up to the whole number)

The beta of a company is 1,41 and its cost of equity 18,95%. What is then the market risk premium if the risk free rate is 0,94%? (in %, 2 decimal places)

Estimate the fifth term if the first term is 8 and the common ratio is -1/2

A construction company is working on two projects: house construction and building construction. Each house requires 4 weeks of work and produces a profit of $50,000. Each building requires 8 weeks of work and produces a profit of $100,000. The company has a total of 24 work weeks available. Furthermore, it is known that at least 2 houses and at least 1 building must be built to meet the demand. The company wants to maximize its profits and needs to determine how many houses and buildings it should build to meet demand and maximize profits, given time and demand constraints.

logy/logx + logz/logy + logt/logz = 8x².t x=?

How many anagrams of the word STROMEC there that do not contain STROM, MOST, MOC or CEST as a subword? By subword is meant anything that is created by omitting some letters - for example, the word EMROSCT contains both MOC and MOST as subwords.

find f(x) for f'(x)=3x+7

You are the newly appointed transport manager for Super Trucking (Pty) Ltd, which operates as a logistics service provider for various industries throughout southern Africa. One of these vehicles is a 4x2 Rigid Truck and drawbar trailer that covers 48,000 km per year. Use the assumptions below to answer the following questions (show all calculations): Overheads R 176,200 Cost of capital (% of purchase price per annum) 11.25% Annual License Fees—Truck R 16,100 Driver Monthly cost R 18,700 Assistant Monthly cost R 10,500 Purchase price: - Truck R 1,130,000 Depreciation: straight line method Truck residual value 25% Truck economic life (years) 5 Purchase price: Trailer R 370,000 Tyre usage and cost (c/km) 127 Trailer residual value 0% Trailer economic life (years) 10 Annual License Fees—Trailer R 7,700 Fuel consumption (liters/100km) 22 Fuel price (c/liter) 2053 Insurance (% of cost price) 7.5% Maintenance cost (c/km) 105 Distance travelled per year (km) 48000 Truck (tyres) 6 Trailer (tyres) 8 New tyre price (each) R 13,400 Lubricants (% of fuel cost) 2.5% Working weeks 50 Working days 5 days / week Profit margin 25% VAT 15% Q1. Calculate the annual total vehicle costs (TVC)

4+168×10³×d1+36×10³×d2=-12 -10+36×10³×d1+72×10³×d2=0

(a) List the set of possible rational zeros of the polynomial function F(x) = 2x3 - 11x2 + 13x - 4. (b) Find all rational zeros of F(x). Only do part B

How to factorise 5y^2 -7y -52

A given initial capital in simple interest at the annual rate and for 27 months produced the accumulated capital of 6600 um if the same capital had been invested at the same rate but during 28 months the said accumulated capital would be increased in an amount corresponding to 0.75% of the initial capital Calculate the initial capital and the annual rate at which it was invested

Find the equation of a straight line that has slope 3 and passes through the point of (1, 7) . Write the equation of the line in general forms

22. Let [AB] be a chord in a circle C, and k a circle which is internally tangent to the circle C at a point P and to the chord [AB] at a point Q. Show that the line P Q passes through the midpoint of the arc AB opposite to the arc APB.

What is the percentage of nitrogen abundance in copper dinatrate Cu(NO3)2

(3.1x10^3g^2)/(4.56x10^2g)