Answer:
Principal amount of investment.
Interest rate.
Simple or compound interest.
Time to hold the investment.
Step-by-step explanation:
There are several factors to consider when building a savings fund for planned long term needs.
First of all, we have to consider the amount of principal money we can invest in. It may be a one-time investment or a systematic investment plan. I case of a one-time investment we can easily calculate the investment amount but in case of monthly or yearly investment, we have to be sure that we will be able to invest the amount for the said period of time.
Second is the interest rate that the fund is giving i.e. APR of the fund. Again, take care to identify whether it is a simple interest or compound interest. Obviously the compound interest is better than simple interest as it gives more interest.
The third is the time for which you can hold the money without withdrawal. (Answer)
Answer:
Just put this in your calculator I've shown you how to do the conversion
Answer:
$25
Step-by-step explanation:
Simply by using long division, this can be solved. Change 60% into its decimal form (0.6,) and divide 15 by 0.6.
Answer:
D
Step-by-step explanation:
The unmarked angle of the triangle is also 40o. The triangle is marked with two equal sides (isosceles).
<2 + 40 + 40 = 180 Combine the left
<2 + 80 = 180 Subtract 80 from both sides
<2 = 180 - 80
<2 = 100 degrees.
That's not the answer. We have to solve for x
<2 = x + 106
100 = x + 106 Subtract 106 from both sides
100 - 106 = x
x = - 6
I believe you just multiply 150x3 and get 450