Answer:
<em>$7,196.42 </em>
Step-by-step explanation:
Using the compound interest formula to fins the amount after 10years;
A = P(1+r)^n
Principal P = $400,000
Rate r = 8% = 0.08
Time t = 10 years
Substitute
A = 400,000(1+0.08)^10
A = 400,000(1.08)^10
A = 400,000(2.1589)
A = 863,569.99
A ≈ 863,570
Hence the amount after 10 years is $863,570
Monthly deposit = $863,570/120 (10 years is equivalent to 120months)
Monthly deposit = 7,196.42
<em>Therefore he will have to deposit $7,196.42 into his account monthly</em>
Set x equal to the amount of money Kim gets, and y for Molly's money.
x = 2/5y, since the ratio is 2:5.
y = 105 + x, since Molly has 105 more pounds than Kim.
Substitute x into this equation, so that y = 105 + 2/5y. Subtract 2/5y from both sides to get 3/5y = 105. Divide each side by 0.6 (equivalent to 3/5) and you get y = 175, which is how much Molly has. Kim gets 2/5 of Molly's share (or 105 fewer pounds), so she has 70.
70 + 175 (Kim and Molly's shares) is equal to 245. Therefore, Laura receives the remaining 140 pounds.
140/385 = a/100
Cross multiply so that 385a is 14000. Divide by 385 to get 36.4 (rounded).
Thus, Laura receives about 36.4% of the total money. Hope this helps (:
Speed = m x t. as the equation
Answer:
When CPI data is collected, what does the index value represent. Prices used to compute CPI are collected during the entire month, and that data is published monthly. So, the index value represents an estimate of the price level for the month as a whole, rather than a specific date.
Step-by-step explanation:
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Step-by-step explanation:
Kindly find 4 attached files
The proportionality is determined by the lines that only passes through the origin
And all the lines drawn are passing through the origin
So by either one of the 2 ways
By using rule of direct variation y=kx that has no y intercept
Or by finding the equation of straight line and find the slope with neglecting the y intercept since it's 0
