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Rom4ik [11]
3 years ago
7

Having just turned 16 years old, your friend has their mind set on buying a new car by the time they turn 20 years old. They can

afford to save $440 per month. They place the money into an annuity that pays 5.5% per year, compounded monthly. How much will they have to spend on a car after 4 years?
Mathematics
1 answer:
DanielleElmas [232]3 years ago
6 0

having just turned 16 years old, your friend has their mind set on buying a new car by the time they turn 20 years old

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7 0
3 years ago
Nicole has nine dollars to spend on cards she finds friends with the same amount of money to split the cost of a set once it cos
anyanavicka [17]

Answer:

Each Friend will get \frac{x}{3} cards.

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Let the number of cards be x.

Given:

Amount Nicole used to spend on cards = $9

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Also, she finds friends with the same amount of money to split the cost of a set.

So, Number of friends she finds can be calculated by dividing the Cost of 1 set  with amount of money Nichole used to spend on cards.

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Hence Each Friend will get \frac{x}{3} cards.

4 0
3 years ago
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