The amount of money the person would have in 8 years s $2541.74.
<h3>How much would the person have in 8 years? </h3>
The formula for calculating future value is:
FV = P (1 + r)^nm]
Where:
FV = Future value
- P = Present value = $2000
- R = interest rate = 3% / 12 = 0.25%
- m = number of compounding = 12
- N = number of years = 8 years
Value of the account in 8 years with monthly compounding = $2000(1.0025)^(12 x 8) = $2541.74
To learn more about future value, please check: brainly.com/question/18760477
Type: acute angle
measurement: 85°
Answer:
2
Step-by-step explanation:
Given
See attachment for chart
Required
Number of off days
To do this, we simply calculate the expected value of the chart.
This is calculated as:
Where
x = days
f = chances
So, we have:
Answer:
Write the new equation in slope-intercept form. Replace the old slope with the new slope. Replace the y-intercept's value with a variable (b).
Answer:
150 Naira
Step-by-step explanation:
3 + 5 = 8
Since Ade receives in a 3 to 5 ratio, Ade receives 3/8 of the total.
3/8 × 400 = 150
Answer: 150 Naira
