So Kalinda starts with $25. Then she spends $14.28. This means you subtract since she spends it. Next, she shares $2.65. Again, use subtraction. The remainder is your answer. Or you can add 14.28 to 2.65 and then subtract that from 25.
I think maybe about 5 times
Compound Interest
A = P(1 + r)^(n)
A = Amount, r = rate per year = 3.9% = 3.9/100 = 0.039, n = year = 3
A = P(1 + r)^(n)
A = 11000(1 + 0.039)^(3)
A = 11000(1.039)^(3) use calculator
A ≈ 12337.85
Compound Interest = A - P = 12337.85 - 11000 = 1337.85
So at the end of 3 years the Amount is ≈ £12 337.85 and the compound interest is ≈ £1 337.85
Hope this helps.
We were given the following details:
Car registration = $90
Car Insurance (annual) = $520
Home Insurance = $1020
Since we are to calculate for the monthly amount to budget for Car Insurance, we have:
herefore, the correct nanswer is A. ($43.00 per month)
The answer of the question is 16:1
