Here you go :) . . . . ..
Answer:
$6,506.51
Step-by-step explanation:
Recall that increasing an amount C in x% is equivalent to multiply it by (1+x/100)
As we have 4% APR, the monthly interest would be (4/12)% = 0.04/12
<u>Month 0</u> (first payment)
$250
Month 1

<u>Month 2</u>

<u>Month 3</u>

<u>Month 24 (2 years)</u>

The sum

is the sum of the first 24 terms of a geometric sequence with common ratio
which is

so, after 2 years the saving balance is
250*26.02603071 = 6,506.50767= $6,506.51 rounded to the nearest cent.
Answer:
p(blue or red) = 0.52 = 52%
Step-by-step explanation:
total number of marbles = 7 + 10 + 14 + 19 = 50
number of blue marbles = 7
number of red marbles = 19
number of blue or red marbles = 7 + 19 = 26
p(blue or red) = 26/50
p(blue or red) = 0.52 = 52%
Answer:
year 13
Step-by-step explanation:
franklin's population is growing by 1000 people per year(5% of 20000 is 1000) and Chester is growing by 500 per year so at year 13 franklin will be at 32000 while Chester is at 31500
Answer:
-15
Step-by-step explanation:
9-(9-1*3)
9-8*3
9-24
-15