Answer:
<em>$7,196.42 </em>
Step-by-step explanation:
Using the compound interest formula to fins the amount after 10years;
A = P(1+r)^n
Principal P = $400,000
Rate r = 8% = 0.08
Time t = 10 years
Substitute
A = 400,000(1+0.08)^10
A = 400,000(1.08)^10
A = 400,000(2.1589)
A = 863,569.99
A ≈ 863,570
Hence the amount after 10 years is $863,570
Monthly deposit = $863,570/120 (10 years is equivalent to 120months)
Monthly deposit = 7,196.42
<em>Therefore he will have to deposit $7,196.42 into his account monthly</em>
Answer:
-225
Step-by-step explanation:
Answer:
3/5 or 0.6
Step-by-step explanation:
Here, given the value of tan theta , we want to find the value of sine theta
Mathematically;
tan theta = 0pposite/adjacent
Sine theta = opposite/hypotenuse
Firstly we need the length of the hypotenuse
This can be obtained using the Pythagoras’ theorem which states that the square of the hypotenuse equals sum of the squares of the two other sides.
Let’s call the hypotenuse h
h^2 = 3^2 + 4^2
h^2 = 9 + 16
h^2 = 25
h = √(25)
h = 5
Now from the tan theta, we know that the opposite is 3
Thus, the value of the sine theta = 3/5 or simply 0.6
Answer:
Step-by-step explanation:
9x - 4 + 5x + 16 = 180
14x + 12 = 180
14x = 168
x = 12