Answer:
A).Amount = $218250
B). Amount = $88700
Step-by-step explanation:
A) .$5000 in an account at age 23, and withdraw it 42 years
Number of years t= 42 years
Principal P = $5000
Rate r= 9%
Number of times compounded n= 42
A= p(1+r/n)^(nt)
A= 5000(1+0.09/42)^(42*42)
A= 5000(1+0.002143)^(1764)
A= 5000(1.002143)^1764
A= 5000(43.65)
A= 218250
Amount = $218250
B).waits 10 years before making the deposit, so that it stays in the account for only 32 years
Number of years t= 32 years
Principal P = $5000
Rate r= 9%
Number of times compounded n= 32
A= p(1+r/n)^(nt)
A= 5000(1+0.09/32)^(32*32)
A= A= 5000(1+0.0028125)^(1024)
A= 5000(1.0028125)^1024
A= 5000(17.74)
A= 88700
Amount = $88700
Answer:
I got x = 1
Step-by-step explanation:
First to isolate the variable you add 3 to both sides which will give you 1/2x is less than or equal to 2. Then divide both sides by 1/2 and you will get x = 1. To check the answer I just did:
And since -2.5 is less than -1 this statement is true. x does in fact equal 1
Answer:
87
Step-by-step explanation:
sorry if im wrong
The expirmental probability us 28/50
Theoreticaly the probability is 25/50 because that would be half :)
Answer:
234.85
Step-by-step explanation:
This was easy!!!
(The gardener comes 4 times a month... so divide 85.40 by 4 and you will get 21.35. Each time he comes, he gets 21.35 and by the end of the month, he has 85.40. It says he already came 11 times. So 4 + 4 = 8 + another 4 that equals 12. He came only two months and a few weeks. This means multiply 85.40 by 2 so you would get 170.8. It said he came 11 times so substract 11 from 8 and you would get 3. So multiply 21.35 by 3 and get a total of 64.05. Add 170.8 and 64.05 to get 234.85!!! The answer is 234.85 or C!!!!
