Answer: No, the money won't be enough to buy the car
Step-by-step explanation:
you plan on buying yourself a new $20,000 car on graduation day and graduation day is 24 months time. If you invest $300 a month for the next 24 months.
The principal amount, p = 300
He is earning 4% a month, it means that it was compounded once in four months. This also means that it was compounded quarterly. So
n = 4
The rate at which the principal was compounded is 4%. So
r = 4/100 = 0.04
It was compounded for a total of 24 months. This is equivalent to 2 years. So
n = 2
The formula for compound interest is
A = P(1+r/n)^nt
A = total amount that would be compounded at the end of n years.
A = 300(1 + (0.04/4)/4)^4×2
A = 300(1 + 0.01)^8
A = 300(1.01)^8
A = $324.857
The total amount at the end of 24 months is below the cost of the car which is $20000. So he won't have enough money to buy the car
44 because 4 times 1 is 4 and 6 times 4 is 24 so in the answer would be 2240
Answer: 84
Step-by-step explanation: 7 Times 12 because each foot is 12 inches
Answer:
180’ - 130’
Step-by-step explanation:
Answer:
x = 21, m∠A = 23°, the measure of angle in the right = 67°
Step-by-step explanation:
The angles of a triangle sum up to 180°.
Right angles equals to 90°.
Thus, (2x - 19)° + (3x + 4)° + 90° = 180°
=> 5x + 75 = 180
=> 5x = 105
=> x = 21
m∠A=> 2(21) -19 = 23°
the measure of angle in the right=> 3(21) + 4 = 67°
