Answer: No, the money won't be enough to buy the car
Step-by-step explanation:
you plan on buying yourself a new $20,000 car on graduation day and graduation day is 24 months time. If you invest $300 a month for the next 24 months.
The principal amount, p = 300
He is earning 4% a month, it means that it was compounded once in four months. This also means that it was compounded quarterly. So
n = 4
The rate at which the principal was compounded is 4%. So
r = 4/100 = 0.04
It was compounded for a total of 24 months. This is equivalent to 2 years. So
n = 2
The formula for compound interest is
A = P(1+r/n)^nt
A = total amount that would be compounded at the end of n years.
A = 300(1 + (0.04/4)/4)^4×2
A = 300(1 + 0.01)^8
A = 300(1.01)^8
A = $324.857
The total amount at the end of 24 months is below the cost of the car which is $20000. So he won't have enough money to buy the car
<span>Simplifying
2x + 18y = 36
Solving
2x + 18y = 36
Solving for variable 'x'.
Move all terms containing x to the left, all other terms to the right.
Add '-18y' to each side of the equation.
2x + 18y + -18y = 36 + -18y
Combine like terms: 18y + -18y = 0
2x + 0 = 36 + -18y
2x = 36 + -18y
Divide each side by '2'.
x = 18 + -9y
Simplifying
x = 18 + -9y</span>
Answer:
n = -2 or n = 10
Step-by-step explanation:
n^2 - 8n - 20 = 0
<em>Answer:</em>
<em>Ông sáu sẽ mất 4281000 đồng</em>
Answer: 3.83
Step-by-step explanation:
(2.24)(1.71)
=3.83
I think you just simply solve it
