Find the number in the hundredth place
7
7
and look one place to the right for the rounding digit
1
1
. Round up if this number is greater than or equal to
5
5
and round down if it is less than
5
5
.
10.27
Answer:
The amount that should be in the account after 15 years is $95,321.85
Step-by-step explanation:
According to the given data, we have the following:
monthly amount of $220=R
interest rate is fixed at 2.05%. We require the monthly ineterest rate, hence monthly interest rate= 2.05%/12=0.1708%=0.0017
t=15years×12=180 months
In order to calculate how much should be in the account after 15 years, we would have to use the following formula:
Ap=<u>R(1-(1+i)∧-t)</u>
i
Ap=<u>220(1-(1+0.0017)∧-180)</u>
0.0017
Ap=<u>162,04</u>
0.0017
Ap=$95,321.85
The amount that should be in the account after 15 years is $95,321.85
<u />
Nick = n
Ray = r
n=3r-30
n+r=74
3r-30+r=74
4r-30=74
4r=104
r=26
n=26*3-30
n=78-30
n=48
Nick is 48 years old and Ray is 26 years old
Hope this helps.
<span>4x2 +5x - 2 -x2 +3x +5
Simplified: 3x2 + 8x +3
In order to determine the difference in size, you must subtract the perimeter of the smaller rectangle from the perimeter of the larger rectangle.</span>
