Answer:
Principal amount of investment.
Interest rate.
Simple or compound interest.
Time to hold the investment.
Step-by-step explanation:
There are several factors to consider when building a savings fund for planned long term needs.
First of all, we have to consider the amount of principal money we can invest in. It may be a one-time investment or a systematic investment plan. I case of a one-time investment we can easily calculate the investment amount but in case of monthly or yearly investment, we have to be sure that we will be able to invest the amount for the said period of time.
Second is the interest rate that the fund is giving i.e. APR of the fund. Again, take care to identify whether it is a simple interest or compound interest. Obviously the compound interest is better than simple interest as it gives more interest.
The third is the time for which you can hold the money without withdrawal. (Answer)
Answer:
The congruent segments are LN and NK ⇒ C
Step-by-step explanation:
<em>If a line is a perpendicular bisector of another line, that means this line intersects the other line in its midpoint and form right angles around this point</em>
∵ Line JM is the perpendicular bisector of line LK
→ That means JM intersect LK at the midpoint of LK
∵ Line JM intersects line LK at point N
∴ Point N is the midpoint of LK
∵ N divides LK into two segments LN and NK
∵ N is the midpoint of LK
→ That means LN equals NK
∴ LN = NK
∴ The congruent segments are LN and NK
Answer:
The answer after solving is 7/16
Step-by-step explanation:
The solutions involves fraction addition & fraction subtraction.
The solution is attached in the picture:
<span>d=20,009 + 0.15n
</span>$22,100 = 20,009 + 0.15n
$2091 = 0.15n
n = 2091/.15 = 13940
30, once a month, twelve months in a year times 2 you get twenty four plus the other six for the extra half year