Answer: No, the money won't be enough to buy the car
Step-by-step explanation:
you plan on buying yourself a new $20,000 car on graduation day and graduation day is 24 months time. If you invest $300 a month for the next 24 months.
The principal amount, p = 300
He is earning 4% a month, it means that it was compounded once in four months. This also means that it was compounded quarterly. So
n = 4
The rate at which the principal was compounded is 4%. So
r = 4/100 = 0.04
It was compounded for a total of 24 months. This is equivalent to 2 years. So
n = 2
The formula for compound interest is
A = P(1+r/n)^nt
A = total amount that would be compounded at the end of n years.
A = 300(1 + (0.04/4)/4)^4×2
A = 300(1 + 0.01)^8
A = 300(1.01)^8
A = $324.857
The total amount at the end of 24 months is below the cost of the car which is $20000. So he won't have enough money to buy the car
Well, if you run 5 miles in 25 minute you run a mile every 5 minutes. So, there is 190 minutes in 3 hours. So we would need to divide 190 by 5 which is 38. So, the person could run 38 miles in 3 hours.
Answer:
<3, <2 or <6
Step-by-step explanation:
You can put the 2 circles together to get 1 circle
so basically we just find
area of rectangle taht is 8ft by 18ft
and area of ciecle with disameter of 8
area rectangle=18 times 8=144 square feet
area of ciecle=pir^2
d/2=r, 8/2=4
area=pi4^2=16pi, pi=3.14 so then
50.24
toal is rectangle+circles=144+50.24=194.24 suare feet
rounded
194 square feet
