Answer: $107,836.69 or about $107,837 (to the nearest dollar)
Step-by-step explanation:
Formula to the accumulated amount received after investing principal amount (P) at rate of interest (r) compounded monthly for t months :
As per given , A = $130,000
r= 7.5% = 0.075
t= 30 months
Now,
Hence he need to invest $107,836.69 .
Given
A mouse scurries across your kitchen floor at 2.0 feet per second.
Find out the mouse travel in 1.5 hours.
To proof
FORMULA
Distance = speed × time
Convert feet per second into miles per second
As given in the question
Time = 1.5 hours
1 hours = 3600 second
Time convert in the second
Time = 1.5 × 3600 second
= 5400 second
put all these value in the above formula
we get
= 2.04 (approx) miles
= 2.0 miles
Hence proved