If a person invests $50 in a business and gets a percentage increase of 10%, then he would have $55 as his final payout.
<h3>What is an Investment?</h3>
This refers to the financial activity where a person puts money or an asset into a business or venture to gain profit after a period of time.
Hence, we can see that since your question is incomplete as it does not include the initial amount of both Demarco and Tanya, then a final payout cannot be found.
Read more about investments here:
brainly.com/question/25300925
#SPJ4
Answer:
1st quadrant
Step-by-step explanation:
The real and imaginary portions are both positive, so the the point will be in the top right quadrant
Answer:$6451.6 should be deposited.
Step-by-step explanation:
The principal was compounded monthly. This means that it was compounded 12 times in a year. So
n = 12
The rate at which the principal was compounded is 7.2%. So
r = 7.2/100 = 0.072
It was compounded for 3 years. So
t = 3
The formula for compound interest is
A = P(1+r/n)^nt
A = total amount in the account at the end of t years. A is given as $8000 Therefore,
8000 = P (1+0.072/12)^12×3
8000 = P(1+0.006)^36
8000 = P(1.006)^36
P = 8000/1.24
P = $6451.6
20-13=7+11=18 is the answer
Don't forget to thank me
The first option is correct
