Question needs elaboration.
Determine how much money you will have after 8 years if you invest 4,000$ at 7% compounded monthly
1 answer:
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Answer: $80
Step-by-step explanation:
Given: The amount earned by Fadil on selling 14 televisions= $1400
Therefore, the amount he earned on selling 1 television=
Since, he sold televisions with extended warranty and he earns $20 additional for it.
Then, the fixed amount Fadil earns for each television=
Hence, Fadil earns $80 as the fixed amount for each televison.