At the time of her grandson's birth, a grandmother deposits $12,000.00 in an account that pays 2% compound monthly. What will be that value of the account at the child's twenty-first birthday, assuming that no other deposits or withdrawls are made during the period.
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A(t) = P(1+(r/n))^(nt)
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A(21) = 12000(1+(0.02/12))^(12*21)
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A(21) = 12000(1.5214)
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A(21) = #18,257.15
Answer:
Step-by-step explanation:
The key to solving this question is to find the distance bwtween the two points given
distance=y2-y1/x2-x1
(2,4)(4,8)
2=x1,4=y1
4=x2
8=y2
8-4/4-2
4/2=2
The depth of the water is increasing by 2 ft each minute
Answer:
the answer is b. because x is either grater or equal.
Answer:
74613
Step-by-step explanation:
22C6 = 74613
He would want to charge $0.85 per glass of lemonade to cover his expenses and have $10.00 profit. But in reality he would'nt make $17.00 because people don't carry freaking nickels and dimes.