Answer: No, the money won't be enough to buy the car
Step-by-step explanation:
you plan on buying yourself a new $20,000 car on graduation day and graduation day is 24 months time. If you invest $300 a month for the next 24 months.
The principal amount, p = 300
He is earning 4% a month, it means that it was compounded once in four months. This also means that it was compounded quarterly. So
n = 4
The rate at which the principal was compounded is 4%. So
r = 4/100 = 0.04
It was compounded for a total of 24 months. This is equivalent to 2 years. So
n = 2
The formula for compound interest is
A = P(1+r/n)^nt
A = total amount that would be compounded at the end of n years.
A = 300(1 + (0.04/4)/4)^4×2
A = 300(1 + 0.01)^8
A = 300(1.01)^8
A = $324.857
The total amount at the end of 24 months is below the cost of the car which is $20000. So he won't have enough money to buy the car
Answer:
A trinomial of degree 5
Step-by-step explanation:
A monomial has only 1 term
A binomial has 2 terms
A trinomial has 3 terms
4
+ 3x³ - 7x ← has 3 terms and is therefore a trinomial
The degree of a polynomial is determined by the largest exponent of the variable in the expression
4 is the term with the largest exponent in the expression
Hence a polynomial of degree 5
Answer:
Any point on the circle (x + 1)² + (y - 5)² = 2 with center (-1 , 5) and radius √2
Step-by-step explanation:
circle: (x + 1)² + (y - 5)² = 2
<span>Without compound interest, Stan would earn only $8,800.00. This means that thanks to the power of compound interest Stan will earn an additional $1,191.83 in interest at the end of the 5-year-term.</span>
Answer:
angle 1 is 39
angle 3 is 51
Step-by-step explanation:
Here, we want to get the value of angle 1 and angle 3
Let’s have the meeting point of the diagonals as E
Hence , ADE is a right triangle
Thus,
39 + angle 3 = 90
angle 3 = 90-39
angle 3 = 51
Furthermore;
we can see that ABD is isosceles, meaning that the base angles are equal
Thus, we have it that;
angle 3 and angle at B (for AEB triangle) are equal in values
So, we can conclude that the angle is 51 too
so if the angle is 51 too, then the triangles ADE and ABE are similar
That simply means angle marked 1 is 39
