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 $20000. So he won't have enough money to buy the car
Answer:
-7
Step-by-step explanation:
-20 × -7 = 140
140 × -7 = -980
Answer:300
Step-by-step explanation:
um i dk know if the two 50$ means any thing but thats what i got
Volume of a cone = πr²h/3. π=3.14 R=radius. hope this helps you :)
Answer:
Tan B = 12/5
Sin B = 12/13
Cos B = 5/13
Step-by-step explanation:
sine B = opposite (12)/hypotenuse (13)
= 12/13
Cosine B = adjacent/hypotenuse
= 5/13
Tangent B = opposite/adjacent
= 12/5
Here is a picture that can always help you with the three trig ratios.
