TotoToday everything at a store is on sale. The store offers a 20% discount. The regular price of a T-shirt is $18. What is the
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The altitude of a triangle is a line segment through a vertex and perpendicular to a line containing the side opposite the vertex.
Answer:
To answer this question we will use the following formula for compounded monthly interest:
where A₀ is the initial amount, r is the annual interest as a decimal number and 12 is the number of years.
Notice that:
Therefore, substituting t=42, r=0.02, and A₀=120000 we get:
Simplifying the above result we get:
Answer: $277,769.75.