Answer:
We have the following given
mileage = 70 miles per gallon
distance = 60 km
Required: amount of fuel in gallons
First, we must convert the distance to miles, so
60 km (1 mi/1.6 km) = 37.5 mi
So, the amount of fuel is
37.5 mi / (70 mi/gal) = 0.54 gallon
9514 1404 393
Answer:
$32,528.58
Step-by-step explanation:
For simplicity, we'll assume each year has 365 days.
The future value A of principal amount P at rate r compounded daily for t years is ...
A = P(1 +r/365)^(365t))
We want P when A = 80,000, r = 0.075, and t = 12.
P = A/(1 +r/365)^(365t)
P = $80000/(1+0.075/365)^(365·12) ≈ $32,528.58
You will have to deposit about $32,528.58.
