Assuming Jerry calculates that if he makes a deposit of $6 each month at an APR of 4.8%, then at the end of two years the correct balance will be: $158.5
First step is to determine Jerry total deposit
over the two years
Total deposit = 24×$5
Total deposit= $144
Now let determine what the correct balance will be at end of two years
Using this formula
Maximum Amount=Principal (1+r)^t
<em>Where</em>:
Principal=$144
r=4.8%/12 = 0.4% or 0.004
t=24 months
Let plug in the formula
Maximum Balance = $144 (1.004)^24
Maximum Balance = $158.5
Based on the above calculation both Jerry $100 and Benny $163 balance are eliminated or rule out because the correct balance after two years is $158.5
Inconclusion Assuming Jerry calculates that if he makes a deposit of $6 each month at an APR of 4.8%, then at the end of two years the correct balance will be: $158.5
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9514 1404 393
Answer:
m∠Y = 40°
Step-by-step explanation:
The sum of complementary angles is 90°. If we let s and y represent m∠S and m∠Y, respectively, the angle measures in degrees satisfy ...
s + y = 90
(4y -110) +y = 90 . . . . . . . . substitute for s
5y = 200 . . . . . . . . . add 110
y = 40 . . . . . . . divide by 5
The measure of angle Y is 40°.
F(10) = (10)^2 + 1
= 100 + 1
= 101
45 multiply 1/2 and 90 put it in the calculator 90 times 0.5
Answer:
Step-by-step explanation:
(probability of the first event) x (probability of the second event)
male community college
84/164 93/164
mutiply the two together 1953/6724 or 29%
