Answer: No, the money won't be enough to buy the car
Step-by-step explanation:
you plan on buying yourself a new $20,000 car on graduation day and graduation day is 24 months time. If you invest $300 a month for the next 24 months.
The principal amount, p = 300
He is earning 4% a month, it means that it was compounded once in four months. This also means that it was compounded quarterly. So
n = 4
The rate at which the principal was compounded is 4%. So
r = 4/100 = 0.04
It was compounded for a total of 24 months. This is equivalent to 2 years. So
n = 2
The formula for compound interest is
A = P(1+r/n)^nt
A = total amount that would be compounded at the end of n years.
A = 300(1 + (0.04/4)/4)^4×2
A = 300(1 + 0.01)^8
A = 300(1.01)^8
A = $324.857
The total amount at the end of 24 months is below the cost of the car which is $20000. So he won't have enough money to buy the car
<span>If the sum of two of the sides congruent to each other are greater than that of the sides opposite them, then no. If however the kite forms a rombus ot square, the diagnoles will form four congruent triangles with the base of both being the line of symmetry.
hope this helps :)</span>
Answer:
Kate's electric bill will be $9 for this month for bulb use only.
Step-by-step explanation:
Given:
Electricity bill lass month from bulb use = $12
Using new bulbs percent decrease in electricity = 25%
We need to find this month electric bill for bulb use.
Solution:
First we will find the reduction in bill after using new bulbs.
reduction in bill after using new bulbs can be calculated by percent decrease in electricity using new bulb multiplied by last month Electricity bill from bulb use only.
framing in equation form we get;
reduction in bill after using new bulbs = 
Now we will find this month electric bill for bulb use only.
this month electric bill for bulb use only can be calculated by subtracting reduction in bill after using new bulbs from last month electric bill for bulb use only.
framing in equation form we get;
this month electric bill for bulb use only = 
Hence Kate's electric bill will be $9 for this month for bulb use only.
Answer:
its gotaa be a number thats atleast 10
Step-by-step explanation:
Answer brother this not maths question
Step-by-step explanation:
