Answer:
He must invest R297 521 today.
Step-by-step explanation:
The compound interest formula is given by:
Where A(t) is the amount of money after t years, P is the principal(the initial sum of money), r is the interest rate(as a decimal value), n is the number of times that interest is compounded per year and t is the time in years for which the money is invested or borrowed.
Banabas must pay his ex-wife an amount of R350 000 in two years’ time.
This means that
Interest rate of 8.15% per annum compounded monthly:
This means that .
Amount he must invest today:
This is P. So
He must invest R297 521 today.
<h3>Answer:</h3>
1/120
<h3>Explanation:</h3>
The numerator of the probability fraction will be the number of ways to arrange 3 items: 3! = 6. So the probability fraction is ...
... 6/720 = 1/120
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The 3 items are the three married couples with the woman on the left.
Word: Two Million Nine Hundred and Fourty Seven
Step-by-step explanation:
While subtracting , the sign of each term of second expression changes & remove the parentheses.
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Combine like terms. Like terms are those which have the same base. Only coefficients of like terms can be added or subtracted.
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In standard from , the expression should be written in such a way that the power of variables goes from highest to lowest.
Hope I helped ! ♡
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