I'm assuming the funds earn 5% yearly?
Call x the amount he saves every year. The first year's deposit will be multiplied by 1.05 three times, the next will be multiplied by 1.05 twice, the third will be multiplied by 1.05 once, and the fourth will not generate interest (as it will immediately be used to buy the car).
Therefore, x(1.05^3+1.05^2+1.05+1)=21000, so 4.31x=21000. Dividing by 4.31, we see that x is approximately equal to 4872.
Answer:
Check explanation
Step-by-step explanation:
I'll give you my way of solving it and you can figure it out from there.
<CEA = <DEB due to vertical angles
AE = ED due to midpoint theorem
<CAD = <ADB due to alternating angles theorem
thus two triangles congruent due to ASA
Answer:
Step-by-step explanation:
(3/8)x - 9 + 4/5
40(3/8x - 9 + 4/5)
15x - 360 + 32
15x - 328
Hey there,
$75 is above $50
Final Bill = $75 - (20% x $75)
= $75 - $15
= $ 60
Hope this helps :))
<em>~Top♥</em>
Your subtracting 3x from 5x: 5x-3x
This is so you only have a variable on one side
