Answer:
Step-by-step explanation:
we have
we know that
In this problem
substitute in the formula
Answer:
D
Step-by-step explanation:
i think it's correct if not I'm sorry
Answer:
To divide one fraction by another one, flip numerator and denominator of the second one, and then multiply the two fractions. The flipped-over fraction is called the multiplicative inverse or reciprocal.
Step-by-step explanation:
I got this from google.
The amount of money he will be able to withdraw after 10 years after his last deposit is $926,400.
<h3>Compound interest</h3>
- Principal, P = $2,000 × 12 × 4
= $96,000
- Time, t = 10 years
- Interest rate, r = 24% = 0.24
- Number of periods, n = 2
A = P(1 + r/n)^nt
= $96,000( 1 + 0.24/2)^(2×10)
= 96,000 (1 + 0.12)^20
= 96,000(1.12)^20
= 96,000(9.65)
= $926,400
Therefore, the amount of money he will be able to withdraw after 10 years after his last deposit is $926,400
Learn more about compound interest:
brainly.com/question/24924853
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Answer:
(x, y) = (77/240, -3/10)
Step-by-step explanation:
It is convenient to write the equations in standard form.
Multiplying the first equation by 21 gives ...
21y = 24x -14
Multiplying the second equation by 8 gives ...
24x +9y = 5
Then the system of equations in standard form is ...
Subtracting the first from the second, we get ...
(24x +9y) -(24x -21y) = (5) -(14)
30y = -9
y = -9/30 = -3/10
Substituting this into the second equation, we have ...
24x +9(-3/10) = 5
24x = 7.7 . . . . . . . add 27/10
x = 7.7/24 = 77/240
The solution is (x, y) = (77/240, -3/10).
