Answer:
I would say about 42% or so luvs hope I helped
Answer:
0. $1,000 1. $1,045 2. $1,092.03 3. $1,141.17 4. $1,192.52. 5. $1,246.18 6. $1,302.26 7. $1,360.86 8. $1,422.10
Step-by-step explanation:
First you start with the beginning balance of $1,000 dollars, then you multiply that by 1.045 to get $1,045 dollars after one year. Then you multiply $1,045 by 1.045 to get $1,092.025 (monetarily correct, it would be $1,092.03) after the second year. Then you multiply $1,092.025 (keeping it un-rounded for precision) by 1.045 to get $1,141.16612 after the third year. Then you multiply $1141.16612 by 1.045 to get $1,192.5186 after the fourth year. Multiply $1,192.5186 by 1.045 to get $1,246.18193 after the fifth year. Multiply $1,246.18193 by 1.045 to get $1,302.26012 after the sixth year. Multiply $1,302.26012 by 1.045 to get $1,360.86182 after the seventh year. Multiply $1,360.86182 by 1.045 to get $1,422.10061 after the eighth year. Basically, Michelle is going to be a trust fund baby by the time she's twenty and she won't have to worry about college if she works hard and does well in high school.
The total amount Lusac have in his savings after 3 more years with 1.8% saving interest is $1055.10.
<h3>What is simple interest?</h3>
Simple interest is the amount charged on the principal amount with a fixed rate of interest for a time period. Simple interest calculated only on the principal amount.
The formula for the simple interest can be given as,
Here, (I) is the interest amount earned on the principal amount of (P) with the rate of (r) in the time period of (t).
Lucas spends $83.42 in additional interest and charges on monthly payments as the result of a prior bankruptcy. The amount save in a year (12 months) is,
The interest earned on this principal amount with earning 1.8% simple interest, after 3 years is,
The total total amount in his bank account after 3 years is,
Hence, the total amount Lusac have in his savings after 3 more years with 1.8% saving interest is $1055.10.
Learn more about the simple interest here;
brainly.com/question/2294792
divide the price of the olive oil by the volume of the olive oil
to find the price per ounce. 5.88/25oz=0.2352 dollars/ounce. Then you
have to multiply the volume of the bottle by .60 to find what 60% of the
volume is.
0.60x25=15 ounces. since in the first two weeks she used 15
ounces which has a price of 0.2352 dollars/ounce you have to multiply
15 by 0.2352 which equals 3.528 dollars.
