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PLEASE HELP !! ILL GIVE BRAINLIEST EXTRA POINTS.. IM GIVING 40 POINTS !! DONT SKIP :((.

1 answer:

3 0

Answer: It depends on how many times Tyrell wants to reserve the court. Sorry but there's not enough info to solve rn

Hope this helps! <3

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Jane wishes to have 20,000 available at the end of 10 years so she deposit money into an account that pays 1.14% compounded mont

max2010maxim [7]

Answer:

$\$17,846.12$

Step-by-step explanation:

we know that

The compound interest formula is equal to

$A=P(1+\frac{r}{n})^{nt}$

where

A is the Final Investment Value

P is the Principal amount of money to be invested

r is the rate of interest in decimal

t is Number of Time Periods

n is the number of times interest is compounded per year

in this problem we have

$t=10\ years\\ A=\$20,000\\ r=0.0114\\n=12$

substitute in the formula above

$\$20,000=P(1+\frac{0.0114}{12})^{12*10}$

$P=\$20,000/[(1+\frac{0.0114}{12})^{120}]$

$P=\$17,846.12$

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PLEASE HELP !! ILL GIVE BRAINLIEST *EXTRA POINTS*.. IM GIVING 40 POINTS !! DONT SKIP :((.

PLEASE HELP !! ILL GIVE BRAINLIEST EXTRA POINTS.. IM GIVING 40 POINTS !! DONT SKIP :((.