5x = length
4x = width
324 = perimeter
formula: P = 2(length) + 2(width)
324 = 2(5x) + 2(4x)
324 = 10x + 8x
324 = 18x
18 = x
Substitute the value of x = 18
Length = 5x = 5(18) = 90meters
Width = 4x = 4(18) = 72meters
Answer:
He invested $1200 and had a balance of $1260 after 3 years.
The amount needed such that when it comes time for retirement is $2,296,305. This problem solved using the future value of an annuity formula by calculating the sum of a series payment through a specific amount of time. The formula of the future value of an annuity is FV = C*(((1+i)^n - 1)/i), where FV is the future value, C is the payment for each period, n is the period of time, and i is the interest rate. The interest rate used in the calculation is 4.1%/12 and the period of time used in the calculation is 30*12 because the basis of the return is a monthly payment.
FV = $3,250*(((1+(4.1%/12)^(30*12)-1)/(4.1%/12))
Answer:
0.91
Step-by-step explanation:
0.91 this is the answer I looked it up
