Answer: $15385 should be deposited.
Step-by-step explanation:
The principal was compounded monthly. This means that it was compounded 12 times in a year. So
n = 12
The rate at which the principal was compounded is 7.8%. So
r = 7.8/100 = 0.078
It was compounded for 4 years. Therefore,
t = 4
The formula for compound interest is
A = P(1+r/n)^nt
A = total amount in the account at the end of t years. The total amount is given as $21000. Therefore
21000 = P (1+0.078/12)^12×4
21000 = P (1+0.078/12)^48
21000 = P (1+0.0065)^48
21000 = P (1.0065)^48
P = 21000/1.365
P = $15385
Answer:
Yes
Step-by-step explanation:
To see is (2, 6) is a system, we can plug it into the system to check if it gives us true statements:
6 = -2+8
6 = 6
6 = 5(2)-4
6 = 10-4
6 = 6
Both of the equations are true, therefore (2, 6) is a solution to this system.
Answer: the answer is $456.76
Step-by-step explanation: All you have to do is subtract 38.90 from 495.66 and get your answer
Answer:
1.14
Step-by-step explanation:
3/10/3.8
=3/10×3.8
=0.3×3.8
=1.14
pls mark brainliest
7.06 ➗ 0.353= 20
Hope this helps! :3
