Answer:
<em>$7,196.42 </em>
Step-by-step explanation:
Using the compound interest formula to fins the amount after 10years;
A = P(1+r)^n
Principal P = $400,000
Rate r = 8% = 0.08
Time t = 10 years
Substitute
A = 400,000(1+0.08)^10
A = 400,000(1.08)^10
A = 400,000(2.1589)
A = 863,569.99
A ≈ 863,570
Hence the amount after 10 years is $863,570
Monthly deposit = $863,570/120 (10 years is equivalent to 120months)
Monthly deposit = 7,196.42
<em>Therefore he will have to deposit $7,196.42 into his account monthly</em>
Answer:
IM preeetty sure the answer is x=4 and y=26 so the solution would be (4,26)
Step-by-step explanation:
hope this helps!!! <333
The area of the following shape is 50
Fraction of girls = 1 - 3/7 = 4/7
4/7 is equivalent to 72 girls
1/7 .. .. ............. 72 / 4 = 18
Total number of children = 7/7 = 18*7 = 126 Answer
Answer:
the awnser should have is. b
