I'll tell you the answer but should I graph it, solve for x, solve for y, or what should I solve for?
Answer: No, the money won't be enough to buy the car
Step-by-step explanation:
you plan on buying yourself a new $20,000 car on graduation day and graduation day is 24 months time. If you invest $300 a month for the next 24 months.
The principal amount, p = 300
He is earning 4% a month, it means that it was compounded once in four months. This also means that it was compounded quarterly. So
n = 4
The rate at which the principal was compounded is 4%. So
r = 4/100 = 0.04
It was compounded for a total of 24 months. This is equivalent to 2 years. So
n = 2
The formula for compound interest is
A = P(1+r/n)^nt
A = total amount that would be compounded at the end of n years.
A = 300(1 + (0.04/4)/4)^4×2
A = 300(1 + 0.01)^8
A = 300(1.01)^8
A = $324.857
The total amount at the end of 24 months is below the cost of the car which is $20000. So he won't have enough money to buy the car
Sam has 50 paper clips
If one paper clip has a length of 1/10 foot than 10 paper clips would make 1 foot.
Answer:
A
Step-by-step explanation:
vertical angles congrunet (angleFJH + angle GJI)
& (angleHFJ + angle JGI congruent)
Well if the window is 40 x 10 the L is 52 and the w 22
