The amount you should deposit is $4709.18
Step-by-step explanation:
The formula for compound interest, including principal sum is
, where:
- A is the future value of the investment/loan, including interest
- P is the principal investment amount
- r is the annual interest rate in decimal
- n is the number of times that interest is compounded per unit t
- t is the time the money is invested or borrowed for
∵ You want to have $5000 in your savings account in 2 years
∴ A = 5000
∴ t = 2
∵ The account pays 3% annual interest, compounded monthly
∴ r = 3% = 3 ÷ 100 = 0.03
∴ n = 12 ⇒ compounded monthly
- Substitute these values in the formula above
∴ 
∴ 
∴ 
- Divide both sides by 
∴ P = 4709.18
The amount you should deposit is $4709.18
Learn more:
You can learn more about the compounded interest in brainly.com/question/2514241
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................................ the answer is 1500
Answer:
just graph it mate
Step-by-step explanation:
First, you could see the amount of fence he could buy, or 144/6, which would be 24, so Mr. North can buy 24 yards of fencing.
So now to find the possible plans, we know that there are four sides, but the width and the length occur twice since it's a rectangle.
So since we know that, we can just split 24 in half to find the possibilities for one of the width sides and one of the length sides, if that makes any sense. 24/2 = 12.
So now, you could say some possibilities are length = 6 and width = 6, or length = 4 and width = 8.
And now, to consider which plan would be the best, it would probably be a 6x6 design, because it gives the biggest area to the vegetable garden, and is easy to move around.
width = 6
length = 6
area = 36 square yards (6×6)
perimeter = 24 yards (6+6+6+6)
Answer:
B. $18.00
Step-by-step explanation
160/4 divide 160 by 4 to see how much Miss Adams makes and hour
She makes $4 an hour
multiply this ($4) by her idle time (4.5) hours to get $18
