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:
4.70
Step-by-step explanation:
it is bigger then the other numbers
Answer:
Option C.
Step-by-step explanation:
Note: In the given function the power of x should be 2 instead of 4, otherwise all options are incorrect.
Consider the given function is
If 
, then 
is an even function.
If 
, then is an odd function.
Now, substitute x=-x in the given function.
So, the given function not an odd function. It means it is an even function.
To check whether the given function is odd, we have to determine whether 
is equivalent to 
.
Therefore, the correct option is C.
