Answer:
He must invest R297 521 today.
Step-by-step explanation:
The compound interest formula is given by:
Where A(t) is the amount of money after t years, P is the principal(the initial sum of money), r is the interest rate(as a decimal value), n is the number of times that interest is compounded per year and t is the time in years for which the money is invested or borrowed.
Banabas must pay his ex-wife an amount of R350 000 in two years’ time.
This means that
Interest rate of 8.15% per annum compounded monthly:
This means that .
Amount he must invest today:
This is P. So
He must invest R297 521 today.
Combine like terms:
11u+4v
Answer:
18
Step-by-step explanation:
4 divided by 24 is 6
6x3=18
I belive it would be B. because of the fact that they are parallel which means their slope should stay the same...but their y-intersept would change
Answer:
x=2
Step-by-step explanation: