Given rate is = 7% or 0.07
Total amount needed = $12000
Time = 4 years
Here, the deposit is compounded semiannually, means twice per year and this gives 8 annual compounding periods in 4 years.
The equation becomes:
P= 
P = 
Solving it, we get P = $ 9112.93
Hence $9112.93 should be deposited today.
A = amount
.01a + .05a + .1a = 1.28
Combine like terms.
.16a = 1.28
Divide both sides by .16.
a = 8
8 * 3 = 24
There are 24 coins in the wallet.
Answer:
Six.
Step-by-step explanation :
Each seamstress can sew one seam in twenty minutes, or 3 in an hour, or 6 in two hours. 150
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Answer:
10y + 29 ≤ -23
Step-by-step explanation:
subtract 29 from each side to get:
10y ≤ -52
y ≤ -5.2
