Let x be the number of needed years.
1. He deposits $10,000 into his checking account and he will withdraw $1,200 from his checking account each year. Then after x years he will have $10,000-$1,200x in his checking account.
2. He deposits $2,000 into his savings account and his savings account earns 8% interest each year, then after x years he will have
3. Equate these amounts of money:
4. Solve this equation:
Conclusion: he needs nearly 6.663 years.
Pls help me
Answer: because it is out of 12
Step-by-step explanation:
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106
A. 102
B. 108
C. 1012
D. 1014
E. 1025
Answer:
Please let me know if my calculations were incorrect. I am very sorry but unfortunately, your answer will be negative and not a whole number. None of the answers fit. It is either that I made a mistake or there is something wrong with the question.
Step-by-step explanation:
Answer:4.5
Step-by-step explanation:
Answer:
D, 4
Step-by-step explanation:
The graph crosses the x-axis 4 different times