The amount of money the person would have in 8 years s $2541.74.
<h3>How much would the person have in 8 years? </h3>
The formula for calculating future value is:
FV = P (1 + r)^nm]
Where:
FV = Future value
- P = Present value = $2000
- R = interest rate = 3% / 12 = 0.25%
- m = number of compounding = 12
- N = number of years = 8 years
Value of the account in 8 years with monthly compounding = $2000(1.0025)^(12 x 8) = $2541.74
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Answer:
Step-by-step explanation:
(pk) * r = p * (kr)
Answer:
y=-1/8
Step-by-step explanation:
Add 1/4 to -3/8
Answer:
950
Step-by-step explanation:
As, 45% will be vanilla, and 17% will be strawberry
So chocolate will be = 38%
As, 45%+17%+38% = 100%
So 38% of 2,500 = chocolate cones
= 38/100 x 2,500 = 950
So the number chocolate ice cream cone sold is 950.
Answer:
The only multiples of 3 between 20 and 30 are 21, 24, and 27. Only 27 satisfies the condition that it is 3 times the sum of its digits.
Step-by-step explanation:
