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
N=-5 you got to get the n by it self
Answer:
Country A = 84
Country B = 28
Country C = 18
Step-by-step explanation:
Country A, Country B, and Country C won a total of 130 medals;
A + B + C = 130 ......1
Country B won 10 more medals than Country C;
B = C + 10 .......2
Country A won 38 more medals than the total amount won by the other two;
A = B + C + 38 ........3
Substituting equation 3 to 1;
(B+C+38) + B+C = 130
2B + 2C + 38 = 130 .......4
Substituting equation 2 into 4;
2(C+10) + 2C + 38 = 130
4C + 58 = 130
4C = 130-58 = 72
C = 72/4 = 18
B = C + 10 = 18 + 10 = 28
A = B + C + 38 = 18 + 28 + 38 = 84
Country A = 84
Country B = 28
Country C = 18
It is 20.because 3×4+2cubed is 20
^
=12 ^
2×2×2=8 so 8+12=20
I believe C. Sorry if I’m wrong!
