Based on the simple interest amount he could be making, and the rate of investment, Tyrell's additional interest per month is $1,000.
<h3>How much is Tyrell paying in additional interest?</h3>
Assuming the additional interest that Tyrell is paying is x, the following formula can be used:
300 = (x × 2.5%) x 12 months
Solving gives:
300 = 0.025x × 12
0.025x = 300/12
x = 25 / 0.025
x = $1,000
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Answer:
The new position is 190 feet below sea
Step-by-step explanation:
240-50=190
Answer:
25
Step-by-step explanation:
a² + 7a + 7
a = 2
Plug in the value of 2 for every occurance of a.
(2)² + 7(2) + 7
First, solve the exponent.
4 + 7(2) + 7
Now, multiply.
4 + 14 + 7.
Add.
25
This is your answer.
Hope this helps!
9514 1404 393
Answer:
$364,130.83
Step-by-step explanation:
You put in $160 monthly for 32 years, so your contribution is ...
$160×12×32 = $61,440
The difference between the account balance and your contribution is ...
$425,570.83 -$61,440 = $364,130.83
There is $364,130.83 more in the account than what you put in.