Answer:D
Step-by-step explanation:
I believe the answer is 267
If each is worth $25 and it costs $10 then he is making $15 profit.
4000/15 is 266.6666667
So you would need 267
Answer:
$1015.11
Step-by-step explanation:
Compounded interest rate formula: A = P(1 + r/n)^t
Step 1: Plug in known variables
A = 1000(1 + 0.005/12)^36
Step 2: Multiply it all together
1000(1.00042)^36
1000(1.01511)
1015.11
This is a pretty bad bank considering only giving you .5% interest per month.
Answer:
no
Step-by-step explanation:
