The amount of money he will be able to withdraw after 10 years after his last deposit is $926,400.
<h3>Compound interest</h3>
- Principal, P = $2,000 × 12 × 4
= $96,000
- Time, t = 10 years
- Interest rate, r = 24% = 0.24
- Number of periods, n = 2
A = P(1 + r/n)^nt
= $96,000( 1 + 0.24/2)^(2×10)
= 96,000 (1 + 0.12)^20
= 96,000(1.12)^20
= 96,000(9.65)
= $926,400
Therefore, the amount of money he will be able to withdraw after 10 years after his last deposit is $926,400
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The rate is 8.17 meters per second
Further explanation:
In order to find the rate we have to divide the distance covered by the woman by the time she covered it in.
Given
The rate is 8.17 meters per second
Keywords: Speed, distance
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Answer:
-2x-5
Step-by-step explanation:
Answer:
591 square cm
Step-by-step explanation:
25 times 23 =575
4 times 4 =16
575 plus 16=591
