<em>g </em>= gallons.
50 ÷ 4 = g ; which this would then show us that if we were to divide 50 by 4, this would then give us a total of 12.5 which this would show us that would be the amount that he has putted in his truck.
$115.45 This should be the correct answer. Hope this help need brainlest.
Answer: <em>I got these correct 100%.</em>
Step-by-step explanation:
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The total balance in Raul's account after 40 years when he retires is $65,714.90.
<h3>What is the total balance?</h3>
The formula that can be used to determine the balance of the accout is: monthly amount saved x annuity factor.
Annuity factor = {[(1+r)^n] - 1} / r
Where:
- r = interest rate = 1.5/12
- n = number of periods = 12 x 40 = 480
$100 x [(1.00125^480) - 1 ] / 0.00125 = $65,714.90
Here is the complete question:
Raul is a saver. He sets aside $100 per month during his career of 40 years to prepare for retirement. He does not like the idea of investing because he prefers to minimize his risk as much as possible, so he puts his money in a savings account which earns 1.5% interest per year. What is the balance in the account after 40 years?
To learn more about annuites, please check: brainly.com/question/24108530