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prohojiy [21]
3 years ago
7

Pls answer this asp pls guys with work if possible thx

Mathematics
1 answer:
Kamila [148]3 years ago
3 0
Part A. $6.00 - the shipping cost is increasing by 6.00

Part B - A
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A graduating high school student decides to take a year off and work to save money for college. The student plans to invest all
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Answer:

amount = 407 per month

Step-by-step explanation:

given data

future value = $5000

interest rate = 6% = \frac{0.06}{4} = 0.015

time = 12 months = 4 compound per year

solution

we use here formula that is

amount = future value × \frac{r}{(1+r)^t-1}   .......................1

put here value and we get

amount = 5000 × \frac{0.015}{(1+0.015)^{4}-1}  

amount = 1222 per quarter

or amount = 407 per month

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