Answer:
<em>$7,196.42 </em>
Step-by-step explanation:
Using the compound interest formula to fins the amount after 10years;
A = P(1+r)^n
Principal P = $400,000
Rate r = 8% = 0.08
Time t = 10 years
Substitute
A = 400,000(1+0.08)^10
A = 400,000(1.08)^10
A = 400,000(2.1589)
A = 863,569.99
A ≈ 863,570
Hence the amount after 10 years is $863,570
Monthly deposit = $863,570/120 (10 years is equivalent to 120months)
Monthly deposit = 7,196.42
<em>Therefore he will have to deposit $7,196.42 into his account monthly</em>
F
(
n
)
=
87 That’s Standard form
Answer:
c. 24 ft
Step-by-step explanation:
if the 12 inch ruler casts a 6 inch shadow (shadow has half size) then a tree with 12 feet long shadow will have a height of 24 feet
Answer:
Option A
Step-by-step explanation:
Let the height of plant is 'b' units.
Graph representing the height of the plant will have y-intercept = b units
Since, the plant is growing at the same rate every week,
And growth of the plant is continuous.
Therefore, graph will be a straight line and continuous.
Since, the height of the plant is always increasing,
Slope of the line will be positive.
Option A will be the answer.
