The amount of money he will be able to withdraw after 10 years after his last deposit is $926,400.
<h3>Compound interest</h3>
- Principal, P = $2,000 × 12 × 4
= $96,000
- Time, t = 10 years
- Interest rate, r = 24% = 0.24
- Number of periods, n = 2
A = P(1 + r/n)^nt
= $96,000( 1 + 0.24/2)^(2×10)
= 96,000 (1 + 0.12)^20
= 96,000(1.12)^20
= 96,000(9.65)
= $926,400
Therefore, the amount of money he will be able to withdraw after 10 years after his last deposit is $926,400
Learn more about compound interest:
brainly.com/question/24924853
#SPJ4
You can use the vertical line test (the blue lines on the drawing) and if the other end or if any part of the line touches the blue line, then it isn’t a function.
I will help you on two conditions: 1) that you never again call yourself "stupid," and that you ask no more than 1 or 2 questions per post.
I'll focus on #5. Recall that distance = rate times time: d = r*t.
You want distance and are given rate and time: rate 1.8 km/min; time 48 min.
I see you write "distance" next to "1.8 km;" that is not correct, because
the problem states that "the rate is 1.8 km per minute." 1.8 km is a distance; 1.8 km / min is not (it's a rate).
So, again, to find the distance traveled, mult. the rate by the elapsed time:
distance = (1.8 km/min)(48 min) = 86.4 km, or about 54 miles.
Asssuming blanks are plus
5(x+1)=4(x+8)
distribute
a(b+c)=ab+ac
5(x+1)=5x+5
4(x+8)=4x+32
5x+5=4x+32
minus 4x from both sides
x+5=32
minus 5 from both sides
x=27