Answer:
amount in 30 years is $1787.0977
interest is $1387.0977
Step-by-step explanation:
Given data
principal amount = $400
rate = 5 % = 0.05
time period = 30 years
to find out
amount in 30 years and total interest
Solution
we know its interest compounded monthly so n = 12
and interest compounded monthly formula is
amount = principal
............1
put the value principal , n , rate and time in equation 1
we get amount
amount = 400
amount = 1787.0977
amount in 30 years is $1787.0977
and interest = amount - principal ............2
put the value amount and principal in equation 2
we get interest = $1787.0977 - $400
interest =$1387.0977
2^2/-5=-4/5
-(5/4)^3=-125/64
Hope this helps!!
Answer:
square root of 75, using Pythagorean theorem.
Step-by-step explanation:
Answer:
Bet I need new friends
Step-by-step explanation:
:)
Answer:
The data we have is:
Library A charges $96 per year.
Library B charges $3 per book he borrows.
Let's find the number of books X that he needs to borrow in order to spend the same amount in each library:
$3*X = $96
X = 96/3 = 32.
This means that if Aaden borrows 32 books per year, is the same for him if he chooses library A or B.
If he borrows more than 32 books per year, library A will be cheaper. (if he borrows 33 books, library B costs 33*$3 = $99, which is larger than the $96 of library A)
If he borrows less than 32 books per year, library B will be cheaper. (if he borrows 31 books library B costs $3*31 = $93, which is cheaper than the$96 of library A)