.60×.55=.33 cent mark up to original price
.60+.33=.93 cost per muffin
.6×100=60×.55=93 cost for 100 muffins
93/100= .93 cost per muffin
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
Learn more about compound interest:
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Answer:
36 riders in 16 minutes, 54 riders in 24 minutes, and 72 riders in 32 minutes.
Step-by-step explanation:
The roller coaster can accommodate 9 riders every 4 minutes. 36 riders in 16 minutes, 54 riders in 24 minutes, and 72 riders in 32 minutes all follow the common ratio.
Answer:
A repeating decimal is not a rational number and The product of two irrational numbers is always rational
Step-by-step explanation:
One statement that is not true is "The product of two irrational numbers is always rational". Take for example the irrational numbers √2 and √3. Their product is √6 which is also irrational.
The other false statement is "A repeating decimal is not a rational number". Take for example the repeating decimal 0.33333..... It can be written as 1/3 which is a rational number.
