After saving for 30 years, Hamilton would have contributed $99,000 and made a total interest of $50,722.57.
Hamilton will indeed have $149,722.57 at the end of 30 years.
Out of this, the amount he would have contributed is:
<em>= Amount contributed per month x Number of months contributed </em>
= 275 x 30 years x 12 months
= $99,000
The amount that would be interest is:
<em>= Total amount accumulated - Amount contributed </em>
= 149,722.57 - 99,000
= $50,722.57
In conclusion, Hamilton would have contributed $99,000 and made $50,722.57 in interest.
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Answer:
Why did you put the answer there??
Step-by-step explanation:
Answer:
path area =379.94ft^2
Step-by-step explanation:
Total radius = 11 feet.
Area = Pi x r^2
Area = Pi x 11^2
Area = Pi x 121
Area = 379.94 ft^2