Last year, 150 students used tablet computers at Luz's school.
2 answers:
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Answer:
It will take 88.2 months to accumulate the amount
Step-by-step explanation:
Given;
Future value of money, FV = $25,000
investment per compound period, P = $200
interest rate, i = 0.75% x 12 = 9%
The number of monthly installments required to amount to FV is given by;
Therefore, it will take 88.2 months to accumulate the amount.
Answer:
Future requirement of water = 115,517 mega-liters
Step-by-step explanation:
Given:
Current requirement of water (C) = 48,000 mega-liters
Increasing rate per year (g) = 5% = 0.05
Number of year (n) = 18 years
Find:
Future requirement of water = ?
Computation:
Future requirement of water = 115,517 (Approx) mega-liters