Answer:
C
Step-by-step explanation:
Using calculator to evaluate
≈ 20.5191 → C
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:
Rectangle.
Round.
Arched.
Novelty.
Square.
Oval.
Octagon.
Sunburst.
Hope this is what you're looking for :)
Brainliest please
Answer:
Step-by-step explanation:
Percentage Calculator: What is 57 percent of 3.09? = 1.7613.
3 (inches) / 6 (hrs) = 1/2 (or 0.5) inches per hr <==
