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DrBlizzY
20.09.2019 •
Mathematics
Lets say john went to 12th grade in high school, and doesn't know any knowledge you should know. what would happen if john doesn't have the knowledge of an average 12th grader.
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Ответ:
Then he is a below average 12th grader
Step-by-step explanation:
It just makes sense :D
Ответ:
Using a table to calculate the balance, we get that at the end of the 26th year is M=$45,494.
Step-by-step explanation:
Interest = 0.06*Initial balance
Final balance = Initial balance + Interest
YearInitial balanceInterestFinal balance
0 - - 10,000
1 10,000 600 10,600
2 10,600 636 11,236
3 11,236 674 11,910
4 11,910 715 12,625
5 12,625 757 13,382
6 13,382 803 14,185
7 14,185 851 15,036
8 15,036 902 15,938
9 15,938 956 16,895
10 16,895 1,014 17,908
11 17,908 1,075 18,983
12 18,983 1,139 20,122
13 20,122 1,207 21,329
14 21,329 1,280 22,609
15 22,609 1,357 23,966
16 23,966 1,438 25,404
17 25,404 1,524 26,928
18 26,928 1,616 28,543
19 28,543 1,713 30,256
20 30,256 1,815 32,071
21 32,071 1,924 33,996
22 33,996 2,040 36,035
23 36,035 2,162 38,197
24 38,197 2,292 40,489
25 40,489 2,429 42,919
26 42,919 2,575 45,494
If we calculate with the compound interest formula we have: