A maths class has equal numbers of boys and girls. Eight of the girls left early to play in a netball match. This left 3 times a
1 answer:
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Step-by-step explanation:
Area of rectangle= lw
<u>Answer-</u>
<em>The amount will be </em><em>$8944.62</em><em> after 5 years.</em>
<u>Solution-</u>
We know that,
Where,
P = Payment = $50 monthly
r = rate of interest compounded monthly=
n = number of period = 5 years = 5×12 = 60 months
Putting the values in the formula,
Therefore, the amount will be $8944.62 after 5 years.