Glencoe Math Accelerated, Student Edition
Glencoe Math Accelerated, Student Edition
1st Edition
ISBN: 9780076637980
Author: McGraw-Hill Glencoe
Publisher: MCG
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Chapter 6.6, Problem 28IP
To determine

To find: Total amount in each account if interest is compounded twice a year.

Expert Solution & Answer
Check Mark

Answer to Problem 28IP

Total amount =A=$5540.46

Explanation of Solution

Given information:

Principal amount =$3750

Time =2 year.

Interest rate =10.25%=0.1025

Compounded twice a year.

It means

  n=2

Concept:

  A=p(1+rn)nt

Where

  A= Total amount

  p= Principal amount

  t= time in years.

  r= Annual interest rate.

  n=2 for compounded twice a year.

Calculation:

From given information

Principal amount =p=$3750

Time =2 year.

Interest rate =r=0.1025

On substituting values in above mentioned concept

We get

  A=p(1+rn)ntA=3750(1+0.10251)2(2)A=3750(1+0.1025)4A=3750(1.1025)4A=3750(1.47745544)A=$5540.4579

Therefore,

To nearest cent, Total amount =A=$5540.46

Chapter 6 Solutions

Glencoe Math Accelerated, Student Edition

Ch. 6.1 - Prob. 11GPCh. 6.1 - Prob. 12GPCh. 6.1 - Prob. 13IPCh. 6.1 - Prob. 14IPCh. 6.1 - Prob. 15IPCh. 6.1 - Prob. 16IPCh. 6.1 - Prob. 17IPCh. 6.1 - Prob. 18IPCh. 6.1 - Prob. 19IPCh. 6.1 - Prob. 20IPCh. 6.1 - Prob. 21IPCh. 6.1 - Prob. 22IPCh. 6.1 - Prob. 23IPCh. 6.1 - Prob. 24IPCh. 6.1 - Prob. 25IPCh. 6.1 - Prob. 26IPCh. 6.1 - Prob. 27IPCh. 6.1 - Prob. 28IPCh. 6.1 - Prob. 29IPCh. 6.1 - Prob. 30IPCh. 6.1 - Prob. 31IPCh. 6.1 - Prob. 32IPCh. 6.1 - Prob. 33IPCh. 6.1 - Prob. 34IPCh. 6.1 - Prob. 35IPCh. 6.1 - Prob. 36IPCh. 6.1 - Prob. 37IPCh. 6.1 - Prob. 38IPCh. 6.1 - Prob. 39IPCh. 6.1 - Prob. 40IPCh. 6.1 - Prob. 41IPCh. 6.1 - Prob. 42HPCh. 6.1 - Prob. 43HPCh. 6.1 - Prob. 44HPCh. 6.1 - Prob. 45HPCh. 6.1 - Prob. 46HPCh. 6.1 - Prob. 47HPCh. 6.1 - Prob. 48HPCh. 6.1 - Prob. 49STPCh. 6.1 - Prob. 50STPCh. 6.1 - Prob. 51STPCh. 6.1 - Prob. 52STPCh. 6.1 - Prob. 53CCRCh. 6.1 - Prob. 54CCRCh. 6.1 - Prob. 55CCRCh. 6.1 - Prob. 56CCRCh. 6.1 - Prob. 57CCRCh. 6.1 - Prob. 58CCRCh. 6.1 - Prob. 59CCRCh. 6.1 - Prob. 60CCRCh. 6.1 - Prob. 61CCRCh. 6.1 - Prob. 62CCRCh. 6.1 - Prob. 63CCRCh. 6.1 - Prob. 64CCRCh. 6.1 - Prob. 65CCRCh. 6.1 - Prob. 66CCRCh. 6.1 - Prob. 67CCRCh. 6.1 - Prob. 68CCRCh. 6.1 - Prob. 69CCRCh. 6.1 - Prob. 70CCRCh. 6.1 - Prob. 71CCRCh. 6.1 - Prob. 72CCRCh. 6.2 - Prob. 1GPCh. 6.2 - Prob. 2GPCh. 6.2 - Prob. 3GPCh. 6.2 - Prob. 4GPCh. 6.2 - Prob. 5GPCh. 6.2 - Prob. 6GPCh. 6.2 - Prob. 7GPCh. 6.2 - Prob. 8GPCh. 6.2 - Prob. 9GPCh. 6.2 - Prob. 10GPCh. 6.2 - Prob. 11GPCh. 6.2 - Prob. 12GPCh. 6.2 - Prob. 13GPCh. 6.2 - Prob. 14GPCh. 6.2 - Prob. 15GPCh. 6.2 - Prob. 16GPCh. 6.2 - Prob. 17GPCh. 6.2 - Prob. 18GPCh. 6.2 - Prob. 19GPCh. 6.2 - Prob. 20GPCh. 6.2 - Prob. 21GPCh. 6.2 - Prob. 22IPCh. 6.2 - Prob. 23IPCh. 6.2 - Prob. 24IPCh. 6.2 - Prob. 25IPCh. 6.2 - Prob. 26IPCh. 6.2 - Prob. 27IPCh. 6.2 - Prob. 28IPCh. 6.2 - Prob. 29IPCh. 6.2 - Prob. 30IPCh. 6.2 - Prob. 31IPCh. 6.2 - Prob. 32IPCh. 6.2 - Prob. 33IPCh. 6.2 - Prob. 34IPCh. 6.2 - Prob. 35IPCh. 6.2 - Prob. 36IPCh. 6.2 - Prob. 37IPCh. 6.2 - Prob. 38IPCh. 6.2 - Prob. 39IPCh. 6.2 - Prob. 40IPCh. 6.2 - Prob. 41IPCh. 6.2 - Prob. 42IPCh. 6.2 - Prob. 43IPCh. 6.2 - Prob. 44IPCh. 6.2 - Prob. 45IPCh. 6.2 - Prob. 46IPCh. 6.2 - Prob. 47IPCh. 6.2 - Prob. 48IPCh. 6.2 - Prob. 49IPCh. 6.2 - Prob. 50IPCh. 6.2 - Prob. 51IPCh. 6.2 - Prob. 52HPCh. 6.2 - Prob. 53HPCh. 6.2 - Prob. 54HPCh. 6.2 - Prob. 55HPCh. 6.2 - Prob. 56HPCh. 6.2 - Prob. 57STPCh. 6.2 - Prob. 58STPCh. 6.2 - Prob. 59STPCh. 6.2 - Prob. 60STPCh. 6.2 - Prob. 61CCRCh. 6.2 - Prob. 62CCRCh. 6.2 - Prob. 63CCRCh. 6.2 - Prob. 64CCRCh. 6.2 - Prob. 65CCRCh. 6.2 - Prob. 66CCRCh. 6.2 - Prob. 67CCRCh. 6.2 - Prob. 68CCRCh. 6.2 - Prob. 69CCRCh. 6.2 - Prob. 70CCRCh. 6.3 - Prob. 1GPCh. 6.3 - Prob. 2GPCh. 6.3 - Prob. 3GPCh. 6.3 - Prob. 4GPCh. 6.3 - Prob. 5GPCh. 6.3 - Prob. 6GPCh. 6.3 - Prob. 7GPCh. 6.3 - Prob. 8GPCh. 6.3 - Prob. 9IPCh. 6.3 - Prob. 10IPCh. 6.3 - Prob. 11IPCh. 6.3 - Prob. 12IPCh. 6.3 - Prob. 13IPCh. 6.3 - Prob. 14IPCh. 6.3 - Prob. 15IPCh. 6.3 - Prob. 16IPCh. 6.3 - Prob. 17IPCh. 6.3 - Prob. 18IPCh. 6.3 - Prob. 19IPCh. 6.3 - Prob. 20IPCh. 6.3 - Prob. 21IPCh. 6.3 - Prob. 22IPCh. 6.3 - Prob. 23IPCh. 6.3 - Prob. 24IPCh. 6.3 - Prob. 25IPCh. 6.3 - Prob. 26IPCh. 6.3 - Prob. 27IPCh. 6.3 - Prob. 28IPCh. 6.3 - Prob. 29IPCh. 6.3 - Prob. 30HPCh. 6.3 - Prob. 31HPCh. 6.3 - Prob. 32HPCh. 6.3 - Prob. 33HPCh. 6.3 - Prob. 34HPCh. 6.3 - Prob. 35STPCh. 6.3 - Prob. 36STPCh. 6.3 - Prob. 37STPCh. 6.3 - Prob. 38STPCh. 6.3 - Prob. 39CCRCh. 6.3 - Prob. 40CCRCh. 6.3 - Prob. 41CCRCh. 6.3 - Prob. 42CCRCh. 6.3 - Prob. 43CCRCh. 6.3 - Prob. 44CCRCh. 6.3 - Prob. 45CCRCh. 6.3 - Prob. 46CCRCh. 6.3 - Prob. 47CCRCh. 6.3 - Prob. 48CCRCh. 6.3 - Prob. 49CCRCh. 6.3 - Prob. 50CCRCh. 6.3 - Prob. 51CCRCh. 6.3 - Prob. 52CCRCh. 6.3 - Prob. 53CCRCh. 6.3 - Prob. 54CCRCh. 6.4 - Prob. 1GPCh. 6.4 - Prob. 2GPCh. 6.4 - Prob. 3GPCh. 6.4 - Prob. 4GPCh. 6.4 - Prob. 5GPCh. 6.4 - Prob. 6GPCh. 6.4 - Prob. 7IPCh. 6.4 - Prob. 8IPCh. 6.4 - Prob. 9IPCh. 6.4 - Prob. 10IPCh. 6.4 - Prob. 11IPCh. 6.4 - Prob. 12IPCh. 6.4 - Prob. 13IPCh. 6.4 - Prob. 14IPCh. 6.4 - Prob. 15IPCh. 6.4 - Prob. 16IPCh. 6.4 - Prob. 17IPCh. 6.4 - Prob. 18IPCh. 6.4 - Prob. 19IPCh. 6.4 - Prob. 20IPCh. 6.4 - Prob. 21IPCh. 6.4 - Prob. 22IPCh. 6.4 - Prob. 23IPCh. 6.4 - Prob. 24IPCh. 6.4 - Prob. 25IPCh. 6.4 - Prob. 26IPCh. 6.4 - Prob. 27IPCh. 6.4 - Prob. 28IPCh. 6.4 - Prob. 29IPCh. 6.4 - Prob. 30IPCh. 6.4 - Prob. 31IPCh. 6.4 - Prob. 32HPCh. 6.4 - Prob. 33HPCh. 6.4 - Prob. 34HPCh. 6.4 - Prob. 35HPCh. 6.4 - Prob. 36HPCh. 6.4 - Prob. 37STPCh. 6.4 - Prob. 38STPCh. 6.4 - Prob. 39STPCh. 6.4 - Prob. 40STPCh. 6.4 - Prob. 41CCRCh. 6.4 - Prob. 42CCRCh. 6.4 - Prob. 43CCRCh. 6.4 - Prob. 44CCRCh. 6.4 - Prob. 45CCRCh. 6.4 - Prob. 46CCRCh. 6.4 - Prob. 47CCRCh. 6.4 - Prob. 48CCRCh. 6.4 - Prob. 49CCRCh. 6.4 - Prob. 50CCRCh. 6.4 - Prob. 51CCRCh. 6.4 - Prob. 52CCRCh. 6.4 - Prob. 53CCRCh. 6.4 - Prob. 54CCRCh. 6.4 - Prob. 55CCRCh. 6.4 - Prob. 56CCRCh. 6.5 - Prob. 1GPCh. 6.5 - Prob. 2GPCh. 6.5 - Prob. 3GPCh. 6.5 - Prob. 4GPCh. 6.5 - Prob. 5GPCh. 6.5 - Prob. 6GPCh. 6.5 - Prob. 7GPCh. 6.5 - Prob. 8GPCh. 6.5 - Prob. 9GPCh. 6.5 - Prob. 10IPCh. 6.5 - Prob. 11IPCh. 6.5 - Prob. 12IPCh. 6.5 - Prob. 13IPCh. 6.5 - Prob. 14IPCh. 6.5 - Prob. 15IPCh. 6.5 - Prob. 16IPCh. 6.5 - Prob. 17IPCh. 6.5 - Prob. 18IPCh. 6.5 - Prob. 19IPCh. 6.5 - Prob. 20IPCh. 6.5 - Prob. 21IPCh. 6.5 - Prob. 22IPCh. 6.5 - Prob. 23IPCh. 6.5 - Prob. 24IPCh. 6.5 - Prob. 25IPCh. 6.5 - Prob. 26IPCh. 6.5 - Prob. 27IPCh. 6.5 - Prob. 28IPCh. 6.5 - Prob. 29IPCh. 6.5 - Prob. 30IPCh. 6.5 - Prob. 31IPCh. 6.5 - Prob. 32IPCh. 6.5 - Prob. 33IPCh. 6.5 - Prob. 34IPCh. 6.5 - Prob. 35IPCh. 6.5 - Prob. 36IPCh. 6.5 - Prob. 37IPCh. 6.5 - Prob. 38IPCh. 6.5 - Prob. 39IPCh. 6.5 - Prob. 40HPCh. 6.5 - Prob. 41HPCh. 6.5 - Prob. 42HPCh. 6.5 - Prob. 43HPCh. 6.5 - Prob. 44HPCh. 6.5 - Prob. 45HPCh. 6.5 - Prob. 46STPCh. 6.5 - Prob. 47STPCh. 6.5 - Prob. 48STPCh. 6.5 - Prob. 49STPCh. 6.5 - Prob. 50CCRCh. 6.5 - Prob. 51CCRCh. 6.5 - Prob. 52CCRCh. 6.5 - Prob. 53CCRCh. 6.5 - Prob. 54CCRCh. 6.5 - Prob. 55CCRCh. 6.5 - Prob. 56CCRCh. 6.5 - Prob. 57CCRCh. 6.5 - Prob. 58CCRCh. 6.5 - Prob. 59CCRCh. 6.5 - Prob. 60CCRCh. 6.5 - Prob. 61CCRCh. 6.5 - Prob. 62CCRCh. 6.5 - Prob. 63CCRCh. 6.5 - Prob. 64CCRCh. 6.5 - Prob. 65CCRCh. 6.5 - Prob. 66CCRCh. 6.5 - Prob. 67CCRCh. 6.5 - Prob. 68CCRCh. 6.5 - Prob. 69CCRCh. 6.5 - Prob. 70CCRCh. 6.6 - Prob. 1GPCh. 6.6 - Prob. 2GPCh. 6.6 - Prob. 3GPCh. 6.6 - Prob. 4GPCh. 6.6 - Prob. 5GPCh. 6.6 - Prob. 6GPCh. 6.6 - Prob. 7GPCh. 6.6 - Prob. 8GPCh. 6.6 - Prob. 9GPCh. 6.6 - Prob. 10IPCh. 6.6 - Prob. 11IPCh. 6.6 - Prob. 12IPCh. 6.6 - Prob. 13IPCh. 6.6 - Prob. 14IPCh. 6.6 - Prob. 15IPCh. 6.6 - Prob. 16IPCh. 6.6 - Prob. 17IPCh. 6.6 - Prob. 18IPCh. 6.6 - Prob. 19IPCh. 6.6 - Prob. 20IPCh. 6.6 - Prob. 21IPCh. 6.6 - Prob. 22IPCh. 6.6 - Prob. 23IPCh. 6.6 - Prob. 24IPCh. 6.6 - Prob. 25IPCh. 6.6 - Prob. 26IPCh. 6.6 - Prob. 27IPCh. 6.6 - Prob. 28IPCh. 6.6 - Prob. 29IPCh. 6.6 - Prob. 30IPCh. 6.6 - Prob. 31IPCh. 6.6 - Prob. 32IPCh. 6.6 - Prob. 33HPCh. 6.6 - Prob. 34HPCh. 6.6 - Prob. 35HPCh. 6.6 - Prob. 36HPCh. 6.6 - Prob. 37HPCh. 6.6 - Prob. 38STPCh. 6.6 - Prob. 39STPCh. 6.6 - Prob. 40STPCh. 6.6 - Prob. 41STPCh. 6.6 - Prob. 42CCRCh. 6.6 - Prob. 43CCRCh. 6.6 - Prob. 44CCRCh. 6.6 - Prob. 45CCRCh. 6.6 - Prob. 46CCRCh. 6.6 - Prob. 47CCRCh. 6.6 - Prob. 48CCRCh. 6.6 - Prob. 49CCRCh. 6.6 - Prob. 50CCRCh. 6.6 - Prob. 51CCRCh. 6.6 - Prob. 52CCRCh. 6.6 - Prob. 53CCRCh. 6 - Prob. 1CRCh. 6 - Prob. 2CRCh. 6 - Prob. 3CRCh. 6 - Prob. 4CRCh. 6 - Prob. 5CRCh. 6 - Prob. 6CRCh. 6 - Prob. 7CRCh. 6 - Prob. 8CRCh. 6 - Prob. 9CRCh. 6 - Prob. 10CRCh. 6 - Prob. 11CRCh. 6 - Prob. 12CRCh. 6 - Prob. 13CRCh. 6 - Prob. 14CRCh. 6 - Prob. 15CRCh. 6 - Prob. 16CRCh. 6 - Prob. 17CRCh. 6 - Prob. 18CRCh. 6 - Prob. 19CRCh. 6 - Prob. 20CRCh. 6 - Prob. 21CRCh. 6 - Prob. 22CRCh. 6 - Prob. 23CRCh. 6 - Prob. 24CRCh. 6 - Prob. 25CRCh. 6 - Prob. 26CRCh. 6 - Prob. 27CRCh. 6 - Prob. 28CRCh. 6 - Prob. 29CRCh. 6 - Prob. 30CRCh. 6 - Prob. 31CRCh. 6 - Prob. 32CRCh. 6 - Prob. 33CRCh. 6 - Prob. 34CRCh. 6 - Prob. 35CRCh. 6 - Prob. 36CRCh. 6 - Prob. 37CRCh. 6 - Prob. 38CRCh. 6 - Prob. 39CRCh. 6 - Prob. 40CRCh. 6 - Prob. 41CRCh. 6 - Prob. 42CRCh. 6 - Prob. 43CRCh. 6 - Prob. 44CRCh. 6 - Prob. 45CRCh. 6 - Prob. 46CRCh. 6 - Prob. 47CRCh. 6 - Prob. 48CRCh. 6 - Prob. 49CRCh. 6 - Prob. 50CR
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