Answer:
$ 809.78
Step-by-step explanation:
Given that
F = future value = $50,000
Interest rate = r = 1.45% = 0.0145
Number of period per year = 12months
Time expressed in years = 5years
The present value of a periodic deposit
P =( F ×r/n)/{ (1+r/n)^nt} -1
Substituting the values into the above formula
P = (50000× 0.0145/12)/(1+0.0145/12)^12×5}-1
= 50000×0.001208/(1+0.0012)^60}-1
= 60.4/1.0012)^60}-1
60.416/1.074608-1
60.4/0.07460
= $ 809.779
His monthly deposit will be $ 809.78
Answer:
Step-by-step explanation:
3x-4+2x+10+3x-7+4x
12x - 1 (C)
You only need to find a multiple of 16, since 16 is a multiple of 2 and 8.
<span>5×16 = 80, 6×16 = 96
Hope this helps. :)
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Answer:
<u>If the width is 23 meters, the perimeter of the rectangle is 100 meters, or if the width of the rectangle is 0.23 meters, the perimeter is 54.46 meters.</u>
Step-by-step explanation:
1. Let's review the information given to us to answer the question correctly:
Length of the rectangle = 27 meters
Width of the rectangle = 23 meters or 0.23 meters (it's not clear)
2. We will calculate the perimeter for any of the two possible values of the width of the rectangle, this way:
Perimeter of the rectangle = 2 * Length + 2 * Width
Replacing with the values we know:
Perimeter of the rectangle = 2 * 27 + 2 * 23
Perimeter of the rectangle = 54 + 46 = 100 meters
Perimeter of the rectangle = 2 * 27 + 2 * 0.23
Perimeter of the rectangle = 54 + 0.46 = 54.46 meters
