Answer:
1m cm
10m mm
Step-by-step explanation:
Step-by-step explanation:
The washer costs $624 and the dryer costs 312.
624 is double 312 so that works out. Also if you add 624 and 312 you get 936.
Answer:
D. 3 Points
Step-by-step explanation:
Given
Required
Determine the least possible score
The least point a member of a team can get is when n = 8.
i.e.
To get the least score, each of the 3 members must have 1 point each.
So:
Current amount in account
P=36948.61
Future value of this amount after n years at i=11% annual interest
F1=P(1+i)^n
=36948.61(1.11)^n
Future value of $3000 annual deposits after n years at i=11%
F2=A((1+i)^n-1)/i
=3000(1.11^n-1)/0.11
We'd like to have F1+F2=280000, so forming following equation:
F1+F2=280000
=>
36948.61(1.11)^n+3000(1.11^n-1)/0.11=280000
We can solve this by trial and error.
The rule of 72 tells us that money at 11% deposited will double in 72/11=6.5 years, approximately.
The initial amount of 36948.61 will become 4 times as much in 13 years, equal to approximately 147800 by then.
Meanwhile the 3000 a year for 13 years has a total of 39000. It will only grow about half as fast, namely doubling in about 13 years, or worth 78000.
Future value at 13 years = 147800+78000=225800.
That will take approximately 2 more years, or 225800*1.11^2=278000.
So our first guess is 15 years, and calculate the target amount
=36948.61(1.11)^15+3000(1.11^15-1)/0.11
=280000.01, right on.
So it takes 15.00 years to reach the goal of 280000 years.
Answer:
The overall change is $1903.22
Step-by-step explanation:
Let us approach this problem step wise
1.Firstly let us calculate all 12 withdrawal of $175.25
12*$175.25= $2103
2. Let us calculate all the deposits made 17* $235.66 = $4006.22
With these figures we can calculate the overall changes as
= $4006.22-$2103= $1903.22
