The amount of money he will be able to withdraw after 10 years after his last deposit is $926,400.
<h3>Compound interest</h3>
- Principal, P = $2,000 × 12 × 4
= $96,000
- Time, t = 10 years
- Interest rate, r = 24% = 0.24
- Number of periods, n = 2
A = P(1 + r/n)^nt
= $96,000( 1 + 0.24/2)^(2×10)
= 96,000 (1 + 0.12)^20
= 96,000(1.12)^20
= 96,000(9.65)
= $926,400
Therefore, the amount of money he will be able to withdraw after 10 years after his last deposit is $926,400
Learn more about compound interest:
brainly.com/question/24924853
#SPJ4
Answer:
There are 6 equilateral triangles
you get an isosceles triangle
the height of the equilateral triangle is 4
this is all I have so far :)
Answer:
have no idea lol im terrible at math
The value of 18x + 9∆x - 7 based on the limit given will be 18x - 7.
<h3>How to calculate the value?</h3>
From the information given, it should be noted that we simply want to calculate the value of x.
This will be:
18x + 9∆x - 7
It was stated that ∆x = 0
Therefore, we'll put this into the equation.
This will be:
18x + 9∆x - 7
= 18x + 9(0) - 7
= 18x -7
Learn more about limit on:
brainly.com/question/12383223
#SPJ1