Determine how much money you will have after 8 years if you invest 4,000$ at 7% compounded monthly

1 answer:

7 0

You would get $26,880.
0.07*4000= 280; so $280 are added every month
There are 96 months in 8 years, so multiply 280*96 which =26,880

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$\$(990-t)$

Step-by-step explanation:

The correct question is

Susan works as a tutor for $10 and hour, and as a waitress for $11 an hour. This month, she worked a combined total of 90 hours at her two jobs. Let t be the number of hours Susan worked as a tutor this month. Write an expression for the combined total dollar amount she earned this month

Let

t -----> the number of hours that Susan work as a tutor

y ----> the number of hours that Susan work as a waitress

z ---> the combined total dollar amount she earned this month

we know that

$t+y=90$

$y=90-t$ -----> equation A

we know that

The combined total dollar amount she earned this month is equal to the number of hours that Susan work as a tutor multiplied by $10 plus the number of hours that Susan work as a waitress multiplied by $11

$z=10t+11y$ ----> equation B