The amount you should deposit is $4709.18
Step-by-step explanation:
The formula for compound interest, including principal sum is
, where:
- A is the future value of the investment/loan, including interest
- P is the principal investment amount
- r is the annual interest rate in decimal
- n is the number of times that interest is compounded per unit t
- t is the time the money is invested or borrowed for
∵ You want to have $5000 in your savings account in 2 years
∴ A = 5000
∴ t = 2
∵ The account pays 3% annual interest, compounded monthly
∴ r = 3% = 3 ÷ 100 = 0.03
∴ n = 12 ⇒ compounded monthly
- Substitute these values in the formula above
∴ 
∴ 
∴ 
- Divide both sides by 
∴ P = 4709.18
The amount you should deposit is $4709.18
Learn more:
You can learn more about the compounded interest in brainly.com/question/2514241
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Answer:
last one is correct
Step-by-step explanation:
Answer:
coefficient of the term of degree 4 in this polynomial is 3
Step-by-step explanation:
Answer:
A) I) 49 teams
II)63 teams
B) 28 teams
Step-by-step explanation:
A) a team of 5 boys and 6 Girls
=7C5+ 8C6
= 21+28
= 49 teams
a team of 6 boys and 5 girls
= 7C6 + 8C5
= 7+56
= 63 teams
B) one girl is kept constant already and a guy has injury
Girls remaining to choose from 7
Boys remaining to choose from 6
= 1 +7C5 + 6C5
= 1+21+6
= 28 teams
Answer:
1st → 1st
2nd → 3rd
3rd → 2nd
Step-by-step explanation:
just divide the first set of student wishes to the second set of students in the same question. the 1st for example
x-ray to all students is 6/ 36= 1/6 = 1:6
for all students, you add all the students in the table