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
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Answer:
The perimeter is 38 but it gets rounded to 40
Step-by-step explanation:
Answer:
Nick has to work 8 hours
Step-by-step explanation:
Nick makes 9 works x
Julia makes 12 works 6
first find out how much Julia makes you can do that by multiplying 12 by 6 witch = 72
and we know we are trying to find how many hours Nick needs to work to equal Julia so we knew they are equal
so we have 9X=72
we just have to solve...
divide 72 by 9
leaving use with X=8
Given:
The cost y (in dollars) of renting a segway for x hours is
To find:
The initial fee and the cost per hour.
Solution:
We have,
...(i)
The slope intercept form of a linear equation is
...(ii)
where, m is slope is b is y-intercept or initial value.
From (i) and (ii), we get
The value of m is 30, so the slope is 30. It means cost per hour is $30.
The value of b is 25, so y-intercept is 25. It means the initial fee is $25.
Answer:
moo (seriously tho this is a joke)
Step-by-step explanation:
