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
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Start with 90/240, then reduce the fraction
you can reduce by dividing each by 10 to get 9/24
reduce more from there, seeing that each number can be divided by 3
9/3 = 3
24/3 = 8
answer 3/8
Answer:
Commitment Adherence Percentage = 81.
%
Step-by-step explanation:
The time period Amy scheduled herself, t = 8 a.m. - 1 p.m. from Sunday through Wednesday
The period she released her interval = 11 a. m. - 1 p.m.
Commitment Adherence Percentage = Service Minutes/(Posted Minutes + Released Lockdown Minutes) × 100
Posted minutes = 5 hours/day × 60 minutes × 4 days = 1200 minutes
Serviced minute = 5 hours/day × 60 minutes × 3 days + 3 hours × 60 minutes/hour = 1,080 minutes
Released minutes = 2 hours × 60 minutes/hour = 120 minutes
Commitment Adherence Percentage = (1,080/(1,200 + 120)) × 100 = 81.
%