Answer: 
Step-by-step explanation:
Given
Julien's parents want $64,000 at the end of 3 years
The rate of interest is 10% annually
Suppose they invested P amount initially
So, compound interest, compounded monthly is
![\Rightarrow A=P\left( 1+\frac{r}{n}\right)^{nt}\quad [\text{n=Numner of compounding periods}]\\\\\text{Insert the values}\\\Rightarrow 64,000=P\left( 1+\frac{0.10}{12}\right)^{12\times 3}\\\\\Rightarrow 64,000=P\left( 1+\frac{10}{12}\right)^{36}\\\\\Rightarrow P=\dfrac{64000}{1.3481}\\\\\Rightarrow P=\$\ 47,471.37\approx \$ 47,471](https://tex.z-dn.net/?f=%5CRightarrow%20A%3DP%5Cleft%28%201%2B%5Cfrac%7Br%7D%7Bn%7D%5Cright%29%5E%7Bnt%7D%5Cquad%20%5B%5Ctext%7Bn%3DNumner%20of%20compounding%20periods%7D%5D%5C%5C%5C%5C%5Ctext%7BInsert%20the%20values%7D%5C%5C%5CRightarrow%2064%2C000%3DP%5Cleft%28%201%2B%5Cfrac%7B0.10%7D%7B12%7D%5Cright%29%5E%7B12%5Ctimes%203%7D%5C%5C%5C%5C%5CRightarrow%2064%2C000%3DP%5Cleft%28%201%2B%5Cfrac%7B10%7D%7B12%7D%5Cright%29%5E%7B36%7D%5C%5C%5C%5C%5CRightarrow%20P%3D%5Cdfrac%7B64000%7D%7B1.3481%7D%5C%5C%5C%5C%5CRightarrow%20P%3D%5C%24%5C%2047%2C471.37%5Capprox%20%5C%24%2047%2C471)
Answer:
£0.60
Step-by-step explanation:
If each pack costs £1.59 and Nadia orders 15 packs,
then the total order before discount = 1.59 x 15 = £23.85
From the table given, we can see that for an order of £23.85 a 2.5% discount will be applied.
Divide £23.85 by 100 to get 1%: £23.85 ÷ 100 = £0.2385
Now multiply by 2.5 to get 2.5%: £0.2385 × 2.5 = £0.59625 = £0.60
Alternatively, the calculation in one expression is:
(1.59 × 15) × 0.025 = 0.59625
The correct answer is 39 units.Parameter is the
sum of the lengths of all sides of a polygon.
The sides of the polygon are PT, TS, SR, RQ,
and QP.
Answer:
C) 1.5 in
Step-by-step explanation:
(7 + 1.5 + 1.5)(5 + 1.5 + 1.5) = 80
