Answer:
90
Step-by-step explanation:
Answer: $76,244.51
Step-by-step explanation:
You need to use the compound interest formula here.
First of all however, you need to convert the terms to monthly figures because the interest is compounded monthly.
4% in months = 4 / 12 = 4/12%
6 years = 6 * 12 = 72 months
Now use the compound interest formula:
= Amount * (1 + rate) ^ number of years
= 60,000 * ( 1 + 4/12%) ⁷²
= $76,244.51
There would be 1,320 different ways, just multiply all the possible front runners 12 second runners 11 and third runners 10, 12x11x10=1,320
Initial balance, I = $2376.10 .
Total amount of purchase made, A = $( 875.22+65.75+45.22+21.23 ) = $1007.42 .
Total amount credit, c = $875.22 .
Fine, f = $45.30 .
Another purchase,
.
So, balance left is :
B = I - A - f - a + c
B = 2376.10 - 1007.42 - 45.30 - 59.4025 + 875.22
B = $2139.1975
Hence, this is the required solution.