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:
brainly.com/question/24924853
#SPJ4
Step-by-step explanation:
vv
11 and 12
7 and 512
12 and 10
0 and 78
left side numerator
right side denominator
For the first question, simply find a point that is on the line segment. For the second question, knowing that in quadrant iii the x values are negative and the y values are also positive using this fact find the point that has x negative and y positive.
Answer:
The answers would be as follows:
1. d
2. a
3. a
Step-by-step explanation:
To find the combined terms, focus only on the terms that have the same variable value. See the examples below.
1.
7 + 19t - 6t
7 + (19t - 6t)
7 + 13t
2.
5/6x - 2/3x
(5/6x - 2/3x)
1/6x
3.
8 + 16r - 9r
8 + (16r - 9r)
8 + 7r
