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
I'm going to assume you mean:
13 * (3/4) + x = 7 * (1/4)
Let's go ahead and simplify the right side.
7 * (1/4) = 1.75
So now we have:
13 * (3/4) + x = 1.75
Now let's take care of the right side. Multiplication before addition.
13 * (3/4) = 9.75
9.75 + x = 1.75
To isolate x, we subtract 9.75 from both sides.
9.75 - 9.75 + x = 1.75 - 9.75
x = -8
Hopefully I spaced this well. \('-')/
solution:
= $15 for 3 packages
= 5 packages per dollar (15/3)
Answer:
6X8=48 10 more is 58
Step-by-step explanation:
Answer B
Why is because Box B is near the 8 and goes on while Box A only is near 8 and stops there