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
Answer:
x=3.5 cm
Step-by-step explanation:
90/2 = 45 degrees
Soh Cah Toa
We have opposite and hypotenuse making sin.
Length×Sin(Angle)
5×Sin(45) = 3.53553cm
Rounded the the nearest tenth makes 3.5cm
C. 9^4
when dividing with exponents, i usually just look at the exponents and subract them so i did 12-8 for this problem
Answer:
Go on the IRS website and fill out the form.... this is what heard beetween a conversion with my brother and dad
Step-by-step explanation:
