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
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Answer:
40
Step-by-step explanation:
plug -8 into the x so
f(-8)=(-8)^2-3(8)=
=64-24=
=40
therefore, f(-8)=40
Answer:
4y--7 i think
Step-by-step explanation:
Answer: The answer is A
Step-by-step explanation: 4c+6a<120 and 4c+4a<100
Answer:
Gary earned a gross pay of $1,047.30 last week. Using the fact that Social Security tax is 6.2% of gross pay, determine the amount of Social Security tax deducted from Gary's gross pay.
a.
$6.49
Step-by-step explanation:
