Answer:
$32,335.38
Step-by-step explanation:
You are going to want to use the compound interest formula, which is shown below.
<em>P = initial balance
</em>
<em>r = interest rate
</em>
<em>n = number of times compounded annually
</em>
<em>t = time</em>
<em />
Now lets plug in the values into the equation:
= 32,335.38
Your answer is $32,335.38
Answer:
950, 1121.00, 1322.78, 1,560.88, 1,841.84
Step-by-step explanation:
Calculation to determine the sequences that describes his increasing monthly balance
Based on the information given in order for us to determine the sequence we have to multiply the amount owes by the interest rate and then add back the answer you got to the previous amount you multiplied the interest rate to.
First sequence will be the amount he owes on a credit which is $950
Second sequence
950 * .018 = 171.00
950 + 171.00 = 1121.00
Third sequence
1121.00 * .018 = 201.78
1121.00 + 201.78 = 1322.78
Fourth sequence
1322.78*0.18=238.10
1322.78+238.10=1,560.88
Last sequence
1,560.88*0.18=280.96
1,560.88+280.96=1,841.84
Therefore the sequences that describes his increasing monthly balance are:
950, 1121.00, 1322.78, 1,560.88, 1,841.84
Answer:
You can cancel your investment without wasting a lot of money.
Step-by-step explanation:
Short-term means that you dont have it for a long time, so you could basically wait it out and then cancel.
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Answer:
The angle of CAD is 100°.
Step-by-step explanation:
Given that total angles in a triangle is 180° so you will have to find the angle of CAB :
∠CAB + ∠ACB + ∠ABC = 180°
∠CAB + 80° + 20° = 180°
∠CAB + 100° = 180°
∠CAB = 180° - 100°
∠CAB = 80°
Next, you have to subtract it from 180° because straight line have a degree of 180°
∠CAD = 180° - 80°
∠CAD = 100°
Answer:10 to the power of 8
Step-by-step explanation:since 10 is used as a factor 8 times, the exponent is 10 to the power of 8.
