Answer: $15385 should be deposited.
Step-by-step explanation:
The principal was compounded monthly. This means that it was compounded 12 times in a year. So
n = 12
The rate at which the principal was compounded is 7.8%. So
r = 7.8/100 = 0.078
It was compounded for 4 years. Therefore,
t = 4
The formula for compound interest is
A = P(1+r/n)^nt
A = total amount in the account at the end of t years. The total amount is given as $21000. Therefore
21000 = P (1+0.078/12)^12×4
21000 = P (1+0.078/12)^48
21000 = P (1+0.0065)^48
21000 = P (1.0065)^48
P = 21000/1.365
P = $15385
Answer:
Check it below
Step-by-step explanation:
1) The Boxplot is a visual tool to easily find the quartiles of a Distribution. To construct a boxplot it's necessary to organize the data, find at least the upper (3rd Quartile) and lower quartile (1st Quartile), and register the maximum and the minimum value.
2) This graph confirms that the South American ones have much more water than the North American counterparts. Notice the Upper Quartile, (the top of the box) for the Southern ones, it's over 100,000 yrds³. And Compare to the Northern one.
You get imaginary roots for this equation.
x=4-5i
x=4+5i
Assuming that b>0 and c>0:
log(a)=3×log(b)-2×log(c)=
log(b³)-log(c²)=
log(b³/c²)
Hence a=b³/c²
Assuming you'd like to know about how much malinda spent at the circus,
21.10+3.25+9.05 = 33.4
or about 33 dollars.