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: the answer is 5/24
Step-by-step explanation:
If you do 7/8 - 2/3 you get 5/24 and to check your work, do 7/8 - 5/24 and you get 2/3
Hope this helps ^^
Hey there!
a.) 1 inch
beginning = 2; end = 3; difference of 1
b.) December, because the length was, let's say, 2, then it went down 1 (so we're at 1), then went up 3 (4), then went down
c.) in December
Hope it helps, have a great day!
To find the circumference of this circle, you need to use the formula C=2(3.14)r
which means circumference=2 times pi times the radius so, you would multiply 2.8(the radius of your circle) times 2. Then you would multiply that times 3.14(pi rounded to the nearest hundredth). And there u go. U have ur answer.
C=2(2.8)(3.14)
C= 5.6(3.14)
C=17.584
C=17.58 feet
Answer:
28
Step-by-step explanation:
x = 2 point questions, y = 3 point questions
x + y = 40
2x + 3y = 92
Solving this we get x = 28, y = 12 so the answer is 28.
