The equation for this is:
F = P(1+i)ⁿ
where
F is the present accounts balance
P is the initial deposit
i is the interest rate
n is the number of months
The interest rate is nominal which is 2.9% per year compounded monthly. Since there are 12 months in a year, that is equal to an effective interest rate of 0.24167% per month compounded monthly (i = 0.0024167). In 9 years, there are a total of 108 months, so n=108.
<span>$2033.88 = P(1+0.0024167)</span>¹⁰⁸
P = $1567.147
He deposited $29, so a $29 dollar difference
Answer:
<em>The largest number of glasses of juice Isabella can have from the carton is 8.</em>
Step-by-step explanation:
<u>Ratios</u>
Knowing the total capacity of the carton of apple juice Ct, and the capacity of each glass Co, we can calculate how many glasses can be taken from the carton by finding the ratio:

There are 1,000 milliliters in one liter, thus the carton has a capacity of
C t= 1.75*1,000 = 1,750 milliliters
Thus,

n=8.75
Since we cannot have 8.75 glasses, we round to the previous integer, then:
The largest number of glasses of juice Isabella can have from the carton is 8.
Answer:
4 kilometers per gallon
Step-by-step explanation:
for unit rate you divided distance by in this case
Answer:
C. 504
Step-by-step explanation:
Got it correct on the assignment