Answer:
It will take 88.2 months to accumulate the amount
Step-by-step explanation:
Given;
Future value of money, FV = $25,000
investment per compound period, P = $200
interest rate, i = 0.75% x 12 = 9%
The number of monthly installments required to amount to FV is given by;
Therefore, it will take 88.2 months to accumulate the amount.
The credit card industry and cigarette industry are very similar in terms of negative influence on personal finances.
<h3>What is credit card?</h3>
A credit card is a sort of payment card that uses a line of credit rather than the account holder's cash deposits to make purchases.
Tobacco use can have a negative impact on personal finances due to the sheer high price of tobacco products, wasted pay owing to sickness absence, plus hospitalization rates due to the higher risk of illness associated with smoking use.
If you let that debt grow, you may find that the amount of interest you owe equals or even exceeds your original principal, forcing you to spend a lot just to pay it off.
Thus, the credit card industry and cigarette industry are very similar in terms of negative influence on personal finances.
Learn more about the credit card here:
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Answer:
The answer is x>25/46
Step-by-step explanation:
Distribute 23 through the parentheses
138x-69>6
Move constant to the the right and change the sign. 138x>6+69.
Add the numbers like this: 138x>75
Divide both sides and you'll will get x>25/46 which is your answer. Let me know if this helps
Answer:
see below
Step-by-step explanation:
butterfly = x minutes
breast = y minutes
total is 50 minutes
breast stroke = butterfly +20
Part A
x+y = 50
y = x+20
Part B
Substitute the second equation into the first
x+ (x+20) = 50
2x+20 = 50
2x+20-20 = 50-20
2x = 30
2x/2 = 30/2
x = 15
y = x+20
y = 20+15
y = 35 minutes
35 minutes on the breast stroke
Part C
45 minutes on the butterfly is not reasonable
We only have a total of 50 minutes
50-45 = 5
But he spend more time on the breast stroke ( 20 minutes more), but if he spend 45 minutes on the butterfly, he would have to spend less on the breast stroke.
