2*6= 12 divided by 3 is 4.
2*2= 4
So multiplying 6 by 2 and then dividing by 3 is the same as multiplying 2 by 2.
If Ann can build the model in 3 hours, then in 1 hour she gets 1/3 of it done. Likewise, if Sam can build the model in 6 hours, then in 1 hour he gets 1/6 of it done. We are looking to find how long it takes when they combine their efforts, so we will add the two together and set it equal to 1/x, x being the number of hours it takes for both of them to get the whole job done. The equation then looks like this: 
. You will have to find the common denominator to add those fractions, and once you do, cross multiply to solve for x.
First option because 3 x 10^9 is 3,000,000,000
7/8 = 0.875 is the decimal equivalent.
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
Learn more about compound interest:
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