Answer:
Step-by-step explanation:
1. Y-axis (the vertical one) is money
2.X-axis (the horizontal one) is days
What else do u need?
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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Answer:
1.838181818181818
Step-by-step explanation:
5.4d + 0.1d = 0.66 + 9.45
5.5d = 10.11
d = 10.11 / 5.5
d = 1.838181818181818
Answer:
3.333333333333...
Step-by-step explanation:
The probability that the card is a football card is 20 out of 50 or 40%
the probability that the card is a basketball card is 10 out of 50 or 20%
