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>
Volume of a cube is a side length cubed
So 7*7*7
Answer is 343 centimeters
7.16 dpollars for one candy bar
Answer:
3.785%
Step-by-step explanation:
Assignment is 14% of the quiz
=> Assignment = 14% of the quiz
Quiz is 27% of the total weightage
=> 14% of 27%
<u>Find 14% of 27% </u>
14% of 27%
= 0.14 x 27 = 3.785%
The assignment is 3.785% of the total weightage.
