Answer: $15385 should be deposited.
Step-by-step explanation:
The principal was compounded monthly. This means that it was compounded 12 times in a year. So
n = 12
The rate at which the principal was compounded is 7.8%. So
r = 7.8/100 = 0.078
It was compounded for 4 years. Therefore,
t = 4
The formula for compound interest is
A = P(1+r/n)^nt
A = total amount in the account at the end of t years. The total amount is given as $21000. Therefore
21000 = P (1+0.078/12)^12×4
21000 = P (1+0.078/12)^48
21000 = P (1+0.0065)^48
21000 = P (1.0065)^48
P = 21000/1.365
P = $15385
Answer:
(x+1.2)2=68.3
Step-by-step explanation:
(x+1.2)2=68.3
Answer:
Step-by-step explanation:
Let
D(t) = the distance to the safe zone (measured in meters)
t = time (measured in seconds)
<u>Given:</u>
Rachel's rate = 24 meters per second
At 
seconds 
meters
<u>Find:</u> D(t)
Rachel's rate is the slope of the function D(t). Since the distance is decreasing when the time is increasing, the slope must be negative.
Hence, the function expression is
To find b, substitute and 
So,
Answer:
6/16n is your answer I think
