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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I would go with A but I am not 100% sure so you may want to check however you can.
<em><u>3 x 12 </u></em>
<em><u>I think because you find out how to graph in the corresponding area on the graph </u></em>
Answer:
Step-by-step explanation:
step 1
Convert mixed numbers to an improper fractions
step 2
we know that
A teacher reviews 9/2 papers per hour
using proportion
Find how many papers will the teacher review in 19/3 hours
Let
x-----> the number of papers
Convert to mixed numbers
