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
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Answer: answer will be 72.50. To find the mean you just add up all the numbers and divide by how many numbers are there. 870.02/12=72.501666667.
Answer:
Ratio of sweaters to dresses = 8 : 5
Sum of ratios = 13
Let number of sweater + dresses = x


Answer:
171
Step-by-step explanation:
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The answer is 76 divided by 9 equals 8.44