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3 years ago

Jordan saves x dollars per month for 30 years. Express his savings after 30 years algebraically

Mathematics

1 answer:

Sedbober [7]3 years ago

4 0

Answer:

360x

Step-by-step explanation:

Given

Savings: x dollars, monthly

Duration: 30 years

Required

His savings after 30 years

<em>To get his savings after 30 years, </em>

First we need to get his savings in a year.
Then we multiply this result by 30

The reason why we need to get his yearly savings is because his savings was given on a monthly basis.

There are 12 months in a year;

Hence, his savings in a year is 12 * x

Savings = 12x in a year.

If his savings in a year is 12x dollas

His savings in 30 years will be

30 * 12x dollars

30 * 12x = 360x dollars

Hence, his savings after 30years is 360x

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3 years ago

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Following are the solution to the given points:

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$Probability \ = 0.014678\\\\\text{(Using Excel function:} =1-NORMDIST(32000,28732,1500,1))\\\\$

For point c:

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$\text{(Using Excel function:} \\=NORMDIST (30000,28732,1500,1)-NORMDIST(25000,28732,1500,1))\\\\$

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Answer:

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Step-by-step explanation:

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3 years ago

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