Use the compound amount formula:
A = P*(1+r/n)^(nt)
Here,
A = $3500*(1+0.0375/12)^(12*12) = $5485.24
Answer:
She will receive $24,000 after paying taxes
Step-by-step explanation:
This question can be solved using a rule of three.
20% of her money has to go to the state for taxes. So she will receive 100-20 = 80%. $30000 is 100% = 1. How much is 80% = 0.8?
$30000 - 1
$x - 0.8
x = 30000*0.8
x = 24000
She will receive $24,000 after paying taxes
Answer: 15 dimes and 13 nickels
Step-by-step explanation:
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