Answer:
Total amount = $10906400
He would receive = $ 45443.33 every month
Explanation:
Ken invested $1.6 million at 9.6% for 20 yes compounded monthly.
n = 20*12= 140
t = 20
P= 1600000
R= 9.6% = 0.096
Amount A is equal to
A = p(1+r/n)^(nt)
A =
1600000(1+(0.096/140))^ (140*20)
A =
1600000(1 + (6.857*10^-4))^(2800)
A= 1600000(1.0006857)^2800
A = 1600000*6.8165
A = 10906400
Every month, he will get
10906400/(12*20)
= 10906400/240
=$ 45443.333
When Christopher ask questions and nods his head after their responses. He is exhibiting the active style of listening.
<h3>What is active listening?</h3>
Active listening is a type of listening where the listener give rapt attention to the person <em>speaking</em> including the guestures.
The individual also ask questions to confirm all that his learning.
Therefore, When Christopher ask questions and nods his head after their responses. He is exhibiting the active style of listening
Learn more on active listening here,
brainly.com/question/3185541
