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:
Kay sold 67; Allen sold 50
Step-by-step explanation:
Let "a" represent the number of phones that Allen sold.
a + (a+17) = 117 . . . equation used to find the answer
2a = 100 . . . . . . . . subtract 17, collect terms
a = 50 . . . . . . . . . . divide by 2; the number Allen sold
a+17 = 67 . . . . . . . . Kay sold 17 more than Allen
The triangle shown is a right triangle shown by the little square inside of it.
Area of a triangle is 1/2 x height x base
Rotating the shown triangle so the square is at a bottom corner the height is 6 and the base is 6
Area = 1/2 x 6 x 6 = 18 square cm
Answer:
A
Step-by-step explanation:
I included the steps in the picture I attached. lmk if you need me to explain more
(0,0) means the origin of the coordinate plane and its when bothe the x and y xoordinates are 0
