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LekaFEV [45]
3 years ago
10

Khairul deposited $ 600 in a bank at the end of 2010 and another $ 400 in the same bank at the end of 2011. The bank offers simp

le interest at a rate of 3% per annum. Find the total amount he has in his bank at the end of 2013.
the answer is 1078 .
(But how ) ​
Mathematics
1 answer:
castortr0y [4]3 years ago
5 0

Answer:

bat puro math pede history lng

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Solve<br> 2((3+-1)^2 - -1)
Sunny_sXe [5.5K]

Answer:

10 is correct

Step-by-step explanation:

2(4+1)

2(5)

=10

5 0
3 years ago
Read 2 more answers
April invested in a lifetime annuity that begins payments at age 65. Her life expectancy is 89. April invested a $1,000,000 into
Mila [183]

Answer:

Monthly payment is $5970

Step-by-step explanation:

Given : April invested in a lifetime annuity that begins payments at age 65. Her life expectancy is 89. April invested a $1,000,000 into the annuity, which earns 4.4% APR compounded monthly.

To find : what is April's monthly payment amount?

Solution :

Formula of monthly payment  

Monthly payment, M=\frac{\text{Amount}}{\text{Discount factor}}  

Discount factor D=\frac{1-(1+i)^{-n}}{i}  

Where, Amount = $1,000,000

Rate r= 4.4%=0.044 compounded monthly

i=\frac{0.044}{12}=0.004  

Time = 89-65=23 years

n=23\times12=276  

Now, put all the values we get,  

D=\frac{1-(1+i)^{-n}}{i}  

D=\frac{1-(1+0.004)^{-276}}{0.004}  

D=\frac{1-(1.004)^{-276}}{0.004}  

D=\frac{1-0.33}{0.004}  

D=\frac{0.67}{0.004}  

D=167.5  

Monthly payment, M=\frac{\text{Amount}}{\text{Discount factor}}  

M=\frac{1000000}{167.5}  

M=5970.1  

Approximately,monthly payment is $5970

4 0
4 years ago
Read 2 more answers
There are 70 dogs and 55 cats at the shelter. 15 of these animals get adopted . What is the percent of the animals that got adop
Alja [10]

Answer: 12%

Step-by-step explanation:

Given

There are 70 dogs and 55 cats at the shelter

If 15 animals are adopted

Total no of animals =70+55=125

Percent of animals adopted is given by

\Rightarrow \dfrac{\text{Animals adopted}}{\text{Total animals}}\times 100\\\\\Rightarrow \dfrac{15}{125}\times 100=12\%

5 0
3 years ago
It takes Drew 1/10 hour to walk a 1/6 mile park loop. What is Drew's unit rate, in miles per hour?
meriva
1/10 hour = 10 minutes

1/6 mile loop in 10 minutes.
1/6*6/1, 10*6=60
1 Mile every 60 minutes.

By unit rate, do you mean miles per hour? If so:
Drew walks 1 mile per hour.
7 0
4 years ago
What is the surface area of 8ft 3ft 3ft 3ft
Rainbow [258]

Answer:

multiply them all and you will get the answer. use calculator

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3 years ago
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