Maria needs to save $187.50 per month in order to attend college.
First, subtract the $1,100 scholarship from the cost of college, or $10,100, to get $9,000. This is the amount that she needs to save after 4 years. Next, since she is saving monthly, we need to know how many monthly periods are in 4 years, so multiply 12 months/year by 4 years to get 48 monthly periods. Finally, divide the total amount needed ($9,000) by the monthly periods (48) to get $187.50. This answer would change if she earned any interest on her savings, and depending on the compounding period, if any, for such interest.
Answer:
$341.07
Step-by-step explanation:
Hanna and Dawson both invested at 3.2% = 0.032
Hannah has balance of 31,000 in account
Dawson has balance of 42000 in account
Interests earned by both are
1)Hannah -P(1+i)^-n
=31000(1+0.032)^-1
=31000(1.032)^-1
=31000(0.968992)
=$30038.752
=$30038.75
Interest earned by Dawson is $31,000 - $30038.75 = $961.25
2)Dawson- P(1+i)^-n
=42000(1+0.032)^-1
=42000(1.032)^-1
=42000(0.968992)
=$40697.664
=$$40697.664
Interest earned by Dawson is $42,000 - $40697.66= $1302.32
3) Hence the amount that Dawson earns than is:
=$1302.32-$961.25
= $341.07
Answer:
See explanation.
Step-by-step explanation:
We need a point and a slope to have a point slope equation.
We need a slope and y-intercept to write in slope intercept form.
A) 
or 
B) 
C) 
D) 
Answer:
Step-by-step explanation:
Step-by-step explanation:
7(36-2c+4)
=252 - 14c + 28
=310 - 14c
