<span>The correct answer to the question "Forms of money in the United States consist of paper money, coins, and _____." is checking account balances.
Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts in a particular country or socio-economic context, or is easily converted to such a form.
The money supply of a country consists of currency (banknotes and coins) and bank money (the balances held in checking accounts, savings accounts, and other types of bank accounts).</span>
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:
Step-by-step explanation:
i am on the same one
Answer:
if you go on google mathematics and type it in youll get it right away
Step-by-step explanation:
The partial products would be 10 multiply 40, 10 multiply 3, 7 multiply 40, and 7 multiply 3.
