Answer:well I will tell if you tell me the answer for my question
Step-by-step explanation:
The answer to your question is 2.4
Answer: No, the money won't be enough to buy the car
Step-by-step explanation:
you plan on buying yourself a new $20,000 car on graduation day and graduation day is 24 months time. If you invest $300 a month for the next 24 months.
The principal amount, p = 300
He is earning 4% a month, it means that it was compounded once in four months. This also means that it was compounded quarterly. So
n = 4
The rate at which the principal was compounded is 4%. So
r = 4/100 = 0.04
It was compounded for a total of 24 months. This is equivalent to 2 years. So
n = 2
The formula for compound interest is
A = P(1+r/n)^nt
A = total amount that would be compounded at the end of n years.
A = 300(1 + (0.04/4)/4)^4×2
A = 300(1 + 0.01)^8
A = 300(1.01)^8
A = $324.857
The total amount at the end of 24 months is below the cost of the car which is $20000. So he won't have enough money to buy the car
G = x
Felicia is Gabriella's age + 6
F = x + 6
Their mother is twice Felicia's age
M = 2(x + 6) or 2x + 12
Tanya is the age of their mother plus Gabriella's age
A = 2x + 12 + x = 3x + 12
3x + 12
Answer: 1/24
Step-by-step explanation: if you take 8 and change it to 1/8, you can multiply it by 1/3 and 1x1 is 1 and 8x3 is 24 so it’s 1 over 24 or 1/24
