Answer:
After 12 years the investment will be worth $5145.
Step-by-step explanation:
The formula used for compounded interest is:
A = P(1+r/n)^nt
where,
A = future value
P = Principal Amount
r = interest rate
n = no of times interest is compounded
t = time
In the question given:
A=?
P = $2100
r = 7.75% or 0.0775
n = 1
t= 12
A= 2100*(1+0.0775/1)^1*12
A= 2100 *(1+0.0775)^12
A= 2100 *(1.0775)^12
A= 2100 * 2.45
A= 5145
So, after 12 years the investment will be worth $5145.
Question 5 (1 point) What is the mean of this set of data: 78, 79, 80, 80, 89, 89, 92, 93, 94, 95, 95, 95 Round your answer to t
Len [333]
88.3
add all the numbers, you get 1,059 and divide that by how many numbers there are which is 12 and you get 88.3
Answer:
n = 28°
Step-by-step explanation:
The angle at the centre is twice the angle on the circle subtended on the same arc.
Also angles subtended on the same arc are congruent , thus
m = n
Then
35 + m =
(98 + n ) ← multiply both sides by 2 to clear the fraction
70 + 2m = 98 + n , but since m = n, then
70 + 2m = 98 + m ( subtract m from both sides )
70 + m = 98 ( subtract 70 from both sides )
m = 14 and n = 28
Answer:
$240
Step-by-step explanation:
The amount they spend on a monthly basis for transportation = percentage represented on the circle covered by transportation ÷ 100% × the total monthly income.
= 

Money spent on transportation = $240