Ivan invests $5,000 into an account with a 3.5% interest that is compounded semi-annually. How much money will he have in this account if he keeps it for 15 years?

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  $8414

Step-by-step explanation:

The compound interest formula is useful for this.

  A = P(1 +r/n)^(nt)

where P is the principal invested at annual rate r compounded n times per year for t years. A is the ending balance.

  A = $5000(1 +0.035/2)^(2·15) = $5000·1.0175^30 ≈ $8414.00

Ivan will have $8414 in his account after 15 years.

idk

step-by-step explanation:

look at the picture.

y-intercept for the function on a picture is 4 → point (0, 4).

y-intercept for the function

is for x = 0. substitute:

y-intercept is 8 → point (0, 8).