Answer: No, the money won't be enough to buy the car
Step-by-step explanation:
you plan on buying yourself a new $20,000 car on graduation day and graduation day is 24 months time. If you invest $300 a month for the next 24 months.
The principal amount, p = 300
He is earning 4% a month, it means that it was compounded once in four months. This also means that it was compounded quarterly. So
n = 4
The rate at which the principal was compounded is 4%. So
r = 4/100 = 0.04
It was compounded for a total of 24 months. This is equivalent to 2 years. So
n = 2
The formula for compound interest is
A = P(1+r/n)^nt
A = total amount that would be compounded at the end of n years.
A = 300(1 + (0.04/4)/4)^4×2
A = 300(1 + 0.01)^8
A = 300(1.01)^8
A = $324.857
The total amount at the end of 24 months is below the cost of the car which is $20000. So he won't have enough money to buy the car
Answer:
p=4CP - 26
C= p/4P + 13/2P
P= P/4C +13/2C
Step-by-step explanation:
Answer:
Step-by-step explanation:
I'm going to write it so I can see it better:
You can use the difference of squares formula:
Answer:
29 :)
it is 29 because 29 falls under all the prime number characteristics
The answer would be 30%
Explanation~
Well, you would have to add 27 and 23 first since, it says, “What percentage of the twelfth grade students have more than one college in mind” then, you’d have to figure out the percentage from there. And the percentage would be, 29.4117647059% of 170, round that to the nearest percent and it’s 30 I’m pretty sure.
