P = $3,471.52, the principal
r = 3.1% = 0.031, annual ratr
n = 12, monthly compounding
t = 21 years
Note that n*t = 252.
The value after 21 years is
A = 3471.52*(1 + 0.031/12)²⁵²
= $6,650.91
The interest earned is
6650.91 - 3471.52 = 3179.39
Answer: $3,179.39
Answer:
$848
Step-by-step explanation:
Calculation for the cost of this familiy's clothing in 1991
First step is to calculate the amount that is increase per year
Increase per year= ($1000-$620)/(1995-1985)
Increase per year= 380/10
Increase per year= $38
Now let y be :38*x + $620 and let x be 6 years (1991-1985)
Second step is to calculate the cost of the clothing in 1991
y = 38*6 + 620
y=228+620
y = $848
Therefore the cost of this familiy's clothing in 1991 will be $848
The probability of getting two heads on two coin tosses is 0.5 x 0.5 or 0.25. A visual representation of the toss of two coins. The Product Rule is evident from the visual representation of all possible outcomes of tossing two coins shown above.
Answer / 1/2
Answer:
720º
Step-by-step explanation:
We can use vertical angles to figure this out. We can see that each of the unmarked angles in the triangles is a vertical angle to an empty space. A full circle has the measure of 360º. We need half of that which is 180º.
The sum of the angle measures of a triangle is 180º. We have five triangles so the total angle meaure is 900º.
However, we need to subtract the 180º to get 720º.
Answer and Step-by-step explanation:
Person to person payment is an online technology that allows customers to transfer their money and funds from their account to another account through mobile phones. A p2p app allows one user to send money to another user by using an app or website—transaction including anything from paying a dinner bill, rent, or contributing to charity.
The increased obtaining of online banking, mobile banking, and e-commerce by users has paved the way for greater use of person-to-person payments. In the payment markets sending money between smartphones has become an ordinary matter. According to Billtrust, young adults are using a person to person payment more than two generations.
Nearly half of smartphone owners regularly used p2p payment apps. Most people used p2p payment app because it offers better security or most of their peers use it.
Millennials have often led older Americans in their adoption and use of technology. More than 93% millennial (who turns ages 23 to 38 this year) have their smartphones. Similarly, the vast majority of millennials use social media, compared with smaller shares among old generations.
