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
Answer:
1. no
2. 36+196=232 c=441 Obtuse.
3. x is greater than 3, less than 21.
Step-by-step explanation:
Answer:
A = 73°
Step-by-step explanation:
A + B = 180 because of alternating interior angles
Substitute each angle
6x - 35 + 3x + 53 = 180
9x + 18 = 180
9x = 162
x = 18
Substitute A
A = 6x - 35
A = 108 - 35
A = 73
Hope this helps
Have a great day!
Answer:
The square JKLM is a square with 4 right angles
It is a parallelogram
Step-by-step explanation:
Answer:
C
Step-by-step explanation:
In a parallelogram, consecutive angles are supplementary, sum to 180° , so
3y + 108 = 180 ( subtract 108 from both sides )
3y = 72 ( divide both sides by 3 )
y = 24 → C
