Fu/ac=mu/bc so 27/36=mu/24 so mu= 18
A₀ = 18 000(1 + 0.0025)⁰
A₁ = 18 000(1 + 0.0025)¹
A₂ = 18 000(1 + 0.0025)²
A(n) = 18 000(1 + 0.0025)ⁿ
So, after 5 months, A(n) = 18 000(1 + 0.0025)⁵ = $18 226.1278 ≈ 18 226.13
5 years is 60 months.
A₆₀ = 18 000(1 + 0.0025)⁶⁰ = $20 909.1021 ≈ $20 909.10
Answer:
5/19
Step-by-step explanation:
There's no explanation, it's just common sense ♀️
How long would it take $120/hr to add up to $1000?
Divide $1000 by $120/hr:
$1000
----------- = 8 1/3 hours, or 8 hours 20 minutes.
$120/hr
You have to take $8,550 times 0.12 (12%) to find out the number it is being decreased by.
8,550 x 0.12 = 1,026
And then, you have to subtract 1,026 from 8,550 three times for three years and your answer becomes 5,472.
$5,472
