Answer:
4
Step-by-step explanation:
Since the question is asking how long will it take him if he has to drive 240 miles and he drives 60 mph, this can be interpreted as division.
Now that we have converted the words into math, we are really solving 240 ÷ 60 or .
240 divided by 60 is the same as 24 divided by 6 because we can cancel the 0's.
Solving:
24 ÷ 6 = 4.
Thus, our answer is that it will take Charlie 4 hours to get to Dallas.
Answer:
The amount after 8 years is $ 16,031.579
Step-by-step explanation:
Given as :
The Principal invested = $ 16000
The rate of interest compounded daily = 9 %
The time period = 8 years
Let The amount after 8 years = $ A
<u>From Compounded method </u>
Amount = Principal invested ×
Or, Amount = 16000 ×
Or, Amount = 16000 ×
∴ Amount = $ 16,031.579
Hence The amount after 8 years is $ 16,031.579 Answer
Answer:
$541.67 per month
Step-by-step explanation:
Tuition and other expenses = $8,250 per semester.
There are two semesters in a year
She has 4 years to spend
Total semester=4years*2semesters
=8 semesters
4 years in college which is a total of 8 semesters.
Total Tuition and other expenses = $8,250 * 8
= $66,000
She needs a total of $66,00 to complete her college
Assistance from parents=$15,000
Financial aid(per semester)=$4750
Total financial aid=$38,000
Total assistance=
Assistance from parents+ financial aid
=$15000+$38,000
=$53,000
Total savings=Total amount needed - Total assistance
=$66,000 - $53,000
=$13,000
She needs to save $13,000 in two years
There are 12 months in one year
2 years=2*12=24 months
Monthly savings=Total savings/24 months
=$13,000/24
=$541.666666
To the nearest cent
=$541.67
