Answer:
slope is 1/3
Step-by-step explanation:
rise over run
The time required to get a total amount of $13,200.00 with compounded interest on a principal of $7,000.00 at an interest rate of 5.5% per year and compounded 12 times per year is 11.559 years. (about 11 years 7 months)
Answer:
t = 11.559 years
<h3>Compound Interest </h3>
Given Data
(about 11 years 7 months)
Calculation Steps:
First, convert R as a percent to r as a decimal
r = R/100
r = 5.5/100
r = 0.055 per year,
Then, solve the equation for t
t = ln(A/P) / n[ln(1 + r/n)]
t = ln(13,200.00/7,000.00) / ( 12 × [ln(1 + 0.055/12)] )
t = ln(13,200.00/7,000.00) / ( 12 × [ln(1 + 0.0045833333333333)] )
t = 11.559 years
Learn more about compound interest here:
brainly.com/question/24924853
Answer: Start off and multiply 12x30=360
Step-by-step explanation: He will recieve 360$
First you need to solve for how much you lose for each individual tax, so 420x.0765 will give you how much money you lose to social security tax, then do the same for the other types and add them together, the value will give you the amount you have lost, so taking the total (420) minus the amount lost you will have the amount that you can "take home"
So 420-((420x.0765)+(420x.22)+(420x.0595)) = amount still in your pocket
Answer: The top left one is -3, 6 bottom right is -6, 3
Step-by-step explanation:
