The total amount of money that was spent by Noel to cash her three (3) most recent paychecks is equal to $10.99.
<h3>What is a paycheck?</h3>
A paycheck can be defined as a financial document that is issued by an employer to an employee as payment for the work done over a period of time.
<h3>How to calculate the amount spent.</h3>
From the table, we can see that the amount of money charged by the bank as check processing fee is equal to $1.99, as well as 1.99% (0.0199) of the amount being cashed by a customer.
Thus, we would compute the amount of money spent by Noel as follows:
Noel = (0.0199 × 100.53) + (0.0199 × 119.38) + (0.0199 × 122.52) + (1.39 × 3)
Noel = 2.00 + 2.38 + 2.44 + 4.17
Noel = $10.99.
Read more on paycheck here: brainly.com/question/26174938
Maximum and minimum turning points at (-2|33); (0.4|0.928)
Inflection points at (-1.472|21.195); (0|1); (0.272|0.957)
Answer: number of years that it will take for the balance to reach $120,000 is 42 years
Step-by-step explanation:
Initial amount deposited into the account is $4000. This means that the principal is $4000
P = 4000
It was compounded annually. This means that it was compounded once in a year. So
n = 1
The rate at which the principal was compounded is 8.4%. So
r = 8.4/100 = 0.084
Let the number of years that it will take for the balance to reach $120,000. It means that it was compounded for a total of t years.
Amount, A at the end of t years is $120,000
The formula for compound interest is
A = P(1+r/n)^nt
120000 = 4000(1 + 0.084/1)^1×t
120000/4000 = 1.084^t
30 = 1.084^t
t = 42 years
Answer:
48y⁶w¹¹
Step-by-step explanation:
[-3y⁵][4y] → -12y⁶
×
[w³][-4w⁸] → -4w¹¹
______
48y⁶w¹¹
I am joyous to assist you anytime.
