After 23 years $125.32 will be matured to $46,683.28.
<h3>What is the formula for recurring investment?</h3>
The formula for Recurring maturity is given by:
![A=P_n\dfrac{p\times n \times(n+1)}{24}\times \dfrac{r}{100}](https://tex.z-dn.net/?f=A%3DP_n%5Cdfrac%7Bp%5Ctimes%20n%20%5Ctimes%28n%2B1%29%7D%7B24%7D%5Ctimes%20%5Cdfrac%7Br%7D%7B100%7D)
Where A=matured amount
P =Principal value
n=Number of months
r=Interest rate(annual)
We have P= $125.32
n=23*12 = 276 months
r=2.5*12 =30%
Put these values in the above formula
we get A= $46,683.28
Therefore, After 23 years $125.32 will be matured to $46,683.28.
To get more about recurring deposits visit:
brainly.com/question/25528036
To complete the square, you can add (and subtract) the square of half the x coefficient.
... y = x² -10x + 30
... y = (x² -10x +25) + (30 -25)
... y = (x -5)² +5
Answer:
$9 is the part, 15% is the percent, and $60 is the whole.
Step-by-step explanation:
$9 is %15 of the whole. This means $9 is the part, 15% is the percent, and the whole is the total cost of the shoes after the discount. The total cost of the shoes after the discount is 60.
The son is 9 since 9x4 is 36, so the ratio of their ages is written as 36/9