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:
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Hey there!
Answer = -14
Explanation:
Let's solve your equation step-by-step.
x + 2 = -12
Subtract 2 from both sides:
x + 2 - 2 = -12 - 2
x = -14
So therefore, that is how you found your answer: x = -14
Answer: There are 28.375 grams in an ounce.
Step-by-step explanation:
Given: Total grams in a pound =454 grams
Total ounces in a pound = 16 ounces
Therefore, 16 ounces = 454 grams
To find grams in an ounce, we need to divide 454 grams by 16, we get
The total grams in an ounce=
∴The total grams in an ounce= 28.375 grams
Hence, there are 28.375 grams in an ounce.
Answer:
Step-by-step explanation:
We will start with the angle that measures 57 degrees. This angle is supplementary to the one next to it coming off the straight line. 180 - 57 = 123.
The rule for quadrilaterals is that same side angles are supplementary, so the angle next to the 123-degree angle (to the immediate left of that angle 123) is 57. THAT 57-degree angle is supplementary to angle b, so angle b = 180 - 57 which is 123. So C is your answer.
