Answer:
a
Step-by-step explanation:
all you do is divied the top then you take from
Answer: No, the money won't be enough to buy the car
Step-by-step explanation:
you plan on buying yourself a new $20,000 car on graduation day and graduation day is 24 months time. If you invest $300 a month for the next 24 months.
The principal amount, p = 300
He is earning 4% a month, it means that it was compounded once in four months. This also means that it was compounded quarterly. So
n = 4
The rate at which the principal was compounded is 4%. So
r = 4/100 = 0.04
It was compounded for a total of 24 months. This is equivalent to 2 years. So
n = 2
The formula for compound interest is
A = P(1+r/n)^nt
A = total amount that would be compounded at the end of n years.
A = 300(1 + (0.04/4)/4)^4×2
A = 300(1 + 0.01)^8
A = 300(1.01)^8
A = $324.857
The total amount at the end of 24 months is below the cost of the car which is $20000. So he won't have enough money to buy the car
There is no picture given for us to answer the question!
He first took six pieces for himself and then evenly divide… Get the answers you need, ... Log in to add comment. swebster1495 is ... Lila knows that 316 means “3 divided by 16.” She uses this to find the decimal equivalent for 316. Enter a digit into each box to continue her work. All the ratios lie on line .
Answer: c
Step-by-step explanation:
