I'm assuming the funds earn 5% yearly?
Call x the amount he saves every year. The first year's deposit will be multiplied by 1.05 three times, the next will be multiplied by 1.05 twice, the third will be multiplied by 1.05 once, and the fourth will not generate interest (as it will immediately be used to buy the car).
Therefore, x(1.05^3+1.05^2+1.05+1)=21000, so 4.31x=21000. Dividing by 4.31, we see that x is approximately equal to 4872.
Answer:
<u><em>Negative Correlation</em></u>
The variable x - value increases as y- value decreases is called negative correlation.
Step-by-step explanation:
<u><em>Explanation</em></u>:-
Negative correlation:-
The negative correlation is a relation between two variables such that they are part of a function in which depends and independent variables move in different directions in terms of value.
<u><em>Positive correlation</em></u>
The variable x - value increases as y- value increases is called positive correlation.
<u><em>Negative Correlation</em></u>
The variable x - value increases as y- value decreases is called negative correlation.
<u><em>No correlation </em></u>
There is no pattern between two variables
there is no connect between two variables is called No - correlation
Answer:
Step-by-step explanation:
I'm unsure why my answer was deleted, randomly deleted a thoroughly explained answer.
20% is 20/100, 1/5, or 0.2
The number will decrease by a factor of 5.
Answer:
B
Step-by-step explanation:
Answer:
answer is ........ C
Step-by-step explanation:
