The amount of money he will be able to withdraw after 10 years after his last deposit is $926,400.
<h3>Compound interest</h3>
- Principal, P = $2,000 × 12 × 4
= $96,000
- Time, t = 10 years
- Interest rate, r = 24% = 0.24
- Number of periods, n = 2
A = P(1 + r/n)^nt
= $96,000( 1 + 0.24/2)^(2×10)
= 96,000 (1 + 0.12)^20
= 96,000(1.12)^20
= 96,000(9.65)
= $926,400
Therefore, the amount of money he will be able to withdraw after 10 years after his last deposit is $926,400
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Answer:
3.4*10^1159
Step-by-step explanation:
2,000,000 x 10,000 x 170 x 10E1146
2,000,000 x 10,000 = 2*10^10
2*10^10*170 =340*10^10
Putting this in proper scientific notation by moving the decimal 2 places to the left, means adding 2 to the exponent
3.4*10 ^ (10+2)
3.4*10^12
10E 1146 means 10*10^1146
This is really 1 * 10^(1146+1)
3.4*10^12 * 10^1147
We add the exponents
3.4*10^(12+1147)
3.4*10^1159
Answer:
x^2 -2x = 4x+1
2x^2 +12x = 0
9x^2 +6x -3=0
Step-by-step explanation:
A quadratic equation has the highest power of x being squared
x^2 -2x = 4x+1
2x^2 +12x = 0
9x^2 +6x -3=0
These are all quadratic equations
Answer:
48.06 to the nearest hundredth.
Step-by-step explanation:
f(x) = -16x^2 + 2x + 48
To find the maximum height we convert to vertex form:
= -16(x^2 + 1/8x) + 48
= -16[x + 1/16)^2 - 1/256] + 48
= -16(x + 1.16)^2 + 16/256 + 48
= 48.0625.
Answer:
x= −41
/20
Step-by-step explanation:
(2x+3)(2)+8(2x+3)+11=0
(4x+16x)+(6+24+11)=0(Combine Like Terms)
20x+41=0
20x+41=0
Step 2: Subtract 41 from both sides.
20x+41−41=0−41
20x=−41
Step 3: Divide both sides by 20.
20x
/20 = −41
/20
x=
−41
/20
