Answer:
B hope this helps :)
Step-by-step explanation:
Answer:
future value = $49163.8
so required amount will be $491200 nearest $100
Step-by-step explanation:
given data
annual interest rate = 6 %
annuity = $300 per month
time period = 10 years
to find out
how much money will they have for the college expenses
solution
we know that effective rate will be
effective rate =
effective rate = 5 ×
number of payment = 12 × 10 = 120
so future value will be express as
future value = annuity × .........1
future value = 300 ×
future value = 300 × 163.8793
future value = $49163.8
so required amount will be $491200 nearest $100
Answer:
The length of fencing will be
Step-by-step explanation:
Step 1
Find the dimensions of the rectangle
we know that
The area of a rectangle is equal to
In this problem we have
so
-----> equation A
-----> equation B
Substitute equation B in equation A
square root both sides
Find the value of b
----->
step 2
Find the length of fencing
The perimeter of a rectangle is equal to
we have
substitute
Apply the slope formula as follows:
5-4 1
m = --------- = ---------
7-(-3) 10