Answer:
£807.8383
Step-by-step explanation:
100 plus 5.4= 1.054%
1.054 x £766.45=£807.8383
Assuming it is a right rectangular prism, the volume is 126 sq. in.
V = area of base * height = 18 * 7 = 126
5.6mile
7 x
-- = --
80 64
7×64=80x
448=80x
x=5.6
I think the correct answer should be 10
12 inches = 1 foot
12/6 = 2
5*2 = 10
The applicable formula is;
A = P(1+r)^nt
Where
A = Accumulate amount
P = Initial invested amount
r = Annual interest rate
n = Number of payments in a year
t = Time in years
First part of the question: Accumulated amount after 18 years
Substituting;
A = 1000(1+0.01)^12*18 = $8,578.61
Since the car costs $15,000 and the amount in the bank after 18 years is $8,578.61, Anthony wouldn't be able to afford the car.
Second part of the question: The amount which should have been deposited for Antony to afford the car after 18 years
15,000 = P (1+0.01)^12*18
15,000 = P*8.5786
P = 15,000/8.5786 = $1,748.54
Therefore, for Antony to afford the $15,000 after 18 years, the mum should have deposited $1,748.54.
