The balance after one year if you deposit one $50 envelope each month, all year is $613.95.
<h3>What is the balance after one year?</h3>
The balance after 1 year can be determined using this formula:
Amount deposited monthly x annuity factor
Annuity factor = {[(1+r)^n] - 1} / r
Where:
- r = interest rate = 5% /12 = 0.417%
- n = number of years = 1 x 12 = 12
Annuity factor = 1.004167^12 - 1 / 0.00417 = 12.279082
Balance = 12.279082 x 50 = $613.95
To learn more about annuities, please check: brainly.com/question/24108530
Answer:
x=3
y=-4
I suggest you use m a t h w a y :)
Step-by-step explanation:
Answer:
To find how many blocks it would take in each of these scenarios, you could find the total volume and then divide by the volume of each smaller cube.
1. 3/7 x 3/7 x 3/7 = 27/343 cubic inches
1/7 x 1/7 x 1/7 = 1/343 cubic inches
27/343 cubic inches divided by 1/343 cubic inches = 27 cubes.
2. 3/7 x 1/7 x 3/7 = 9/343 cubic inches
9/343 cubic inches divided into groups of 1/343 cubic inches is 9 cubes.
3. 2/6 x 2/6 x 2/6 = 8/216 cubic inches
8/216 cubic inches divided by 1/216 cubic inches is 8 cubes.
Another way to think of it would be for #1, each 3/7 of an inch would be 3 groups of 1/7, so 3 x 3 x 3 for each dimension would result in 27 cubes.
For #2, it would be 3 groups of 1/7, one group of 1/7 and another 3 groups of 1/7, so 3 x 3 is 9 cubes.
For #3 it would be 2 groups of 1/6 three times, so 2 x 2 x 2 = 8 cubes.
Step-by-step explanation:
