Answer:
<em>$7,196.42 </em>
Step-by-step explanation:
Using the compound interest formula to fins the amount after 10years;
A = P(1+r)^n
Principal P = $400,000
Rate r = 8% = 0.08
Time t = 10 years
Substitute
A = 400,000(1+0.08)^10
A = 400,000(1.08)^10
A = 400,000(2.1589)
A = 863,569.99
A ≈ 863,570
Hence the amount after 10 years is $863,570
Monthly deposit = $863,570/120 (10 years is equivalent to 120months)
Monthly deposit = 7,196.42
<em>Therefore he will have to deposit $7,196.42 into his account monthly</em>
Answer:
- 5
- 6
- 6
- 5
Remember the decimal <em>hundredths</em> rounding ruleset.
- If a decimal is below .50, round down.
- If a decimal is .50, round up.
- If a decimal is above .50, round up.
View this array below to get a better image.
![\left[\begin{array}{ccc}0.49(down)&0.50(up)&0.51(up)\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7D0.49%28down%29%260.50%28up%29%260.51%28up%29%5Cend%7Barray%7D%5Cright%5D)
So, for example, if you had 6.51, you would round that up to 7, and if you had 8.47, you would round that to 8
Answer:
3 inches
Step-by-step explanation: An equilateral triangle means all 3 sides are the same length.
A square also have the same length for all 4 sides.
So each side of the square is 6cm, to find the perimeter you do 6*4=24.
then divide the square's perimeter by 3 since triangle have 3 sides. 24/3=8
so each side of the triangle will be 8cm
Answer: $0.20
Step-by-step explanation:
There are 16 ounces in 1 pound, so divide $3.20 by 16 to get the price of dollars/ounce
3.20/16 = $0.20/ounce
Step-by-step explanation:
Let x = number of games that Alex played
The total money that he spent C is given by
If he spent $45, then we can write
Solving for x, we get
This means that Alex played 15 games.
