Answer:
Idk
Step-by-step explanation:
Answer:
$2,221.6 monthly
Step-by-step explanation:
A = P(1 + r)^n
A is the total amount I intend to save = $15,000
r is the yearly interest rate = 3.6% = 0.036
n is the duration to achieve my goal = 4 and 1/2 years = 54 months
15,000 = P(1 + 0.036)^54
15,000 = P(1.036)^54
P = 15,000/6.752 = 2,221.6
I need to put $2,221.6 into the savings account monthly
Answer:
Step-by-step explanation:
<u>Given points:</u>
<u>Midpoint by using midpoint formula:</u>
- x = (-6 + 1)/2 = -3.5
- y = (-1 + 2)/2 = 0.5
- M(-3.5, 0.5)