We have been given that Tony wants to save $10000 in 6 years.
That means future value S = $10000
Time t= 6 years
Interest rate = 4% yearly = 0.04 yearly
n=12 months per year
Now we have to find monthly payment to recieve $10000 in 6 years. so we need to apply monthly payment formula which is
which is approx $123.
Hence final answer is C) $123.
Ok so first multiply 4 by .25 to get 1 then 1 by 2.36 to get 2.36
This makes it easier because multiplying by 1 is easier then by a number with decimals
Answer:
x=1.4
Step-by-step explanation:
Write the equation
Multiply both sides by x
Divide both sides by 4
Hope this helps! Plz award Brainliest : )
Answer:
r = 1/3
= 1
Step-by-step explanation:
1 + 1/3 + 1/9 + 1/27 + 1/ 81
In this series a is the first term = 1
r is the common ratio = 2nd term/1st term = 3rd term/ 2nd term
r = 1/3 ÷ 1 = 1/9 ÷ 1/3
r = 1/3
I hope this was helpful, please mark as brainliest
Let's check. 6 one-dollars = $6 15 five-dollars = $75 9 ten-dollars = $90 Add them all up to get $171, so that is correct. Add the number of one-dollar bills and the number of ten-dollar bills together. 6 + 9 = 15, which is the number of five-dollar bills, so that is correct as well. Add all the numbers of bills together, 6 + 9 + 15 = 15 + 15 = 30, so that is correct
