Answer:
12$
Step-by-step explanation:
74 - 4(1.50+3+2) = 48
48 / 4 = 12
The amount of money he will be able to withdraw after 10 years after his last deposit is $926,400.
<h3>Compound interest</h3>
- Principal, P = $2,000 × 12 × 4
= $96,000
- Time, t = 10 years
- Interest rate, r = 24% = 0.24
- Number of periods, n = 2
A = P(1 + r/n)^nt
= $96,000( 1 + 0.24/2)^(2×10)
= 96,000 (1 + 0.12)^20
= 96,000(1.12)^20
= 96,000(9.65)
= $926,400
Therefore, the amount of money he will be able to withdraw after 10 years after his last deposit is $926,400
Learn more about compound interest:
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Answer:
<u>1728 in²</u>
Step-by-step explanation:
For the area of B, you need to find the length and width (height and base, whatever you want to call it).
For the height, you would need to do: 144 - 36 - 24 - 36 = <u>48 inches</u>
For the base, you would need to do: 60 - 24 = <u>36 inches</u>
Now you multiply the base and height to get the area: 48 x 36 = <u>1728 in²</u>