Answer:
a; she will have $8812
b: It will be enough for her trip
Step-by-step explanation:
In this question, we are tasked with calculating how much a certain value in a savings account that is earning an interest that is compounded annually will be worth.
To calculate this, we use the compound interest formula;
A = P(
Where A is the amount after that number of years which of course we want to calculate
P is the principal amount which is the amount we are investing which is $6439 according to the question
r is the interest rate which is 4% = 4/100 = 0.04
t is the time which is 8 years
n is 1 which is the number of times interest will be compounded annually
We plug these values as follows;
A = 6439(1 + 0.04/1)^8
A = 6439(1.04)^8
A = $8,812.22
This amount is greater then the needed $8,500 for the trip and of course it will be enough
Max' brother is M-6 years old.
30% of 10,000 is 3,000, so the salesperson would have sold the boat for $13,000. The difference between the auction price and dealership price is 3,000. The commission is 25% of 3,000, which is $750.
Answer:
C. The balance in her check register will be $116 over the balance on her bank statement.
The number is divisible by 6 if divisible by 2 and 3
The number is divisible by 2: if last digit is 0, 2, 4, 6 or 8
The number is divisible by 3: if sum of the digits is divisible by 3
79,002
last digit is 2 - correct
7+9+0+0+2=18 is divisible by 3 (18=3 × 6)
Answer: <u>79,002 is divisible by 6</u>