Jackson wants to have $18,000 available to buy a motorcycle in three years. how much should jackson save each month if he earns 5% interest, compounded monthly?

The per month which Jackson have to save for motorcycle is $1291.54

Step-by-step explanation:

Given as :

The Amount = $18000

The rate of interest compounded monthly = 5%

the Time period = 3 years

Let the principal = P

Now, From compounded monthly method

Amount = Principal ×

Or, $18000 = P ×

Or, $18000 = P × ()

∴   P = = $15498.536

So, The amount which have to save per month = = $1291.54

Hence The per month which Jackson have to save for motorcycle is $1291.54   Answer

fahrenheit

step-by-step explanation:

fahrenheit is more precise than celsius. the ambient temperature on most of the inhabited world ranges from -20 degrees fahrenheit to 110 degrees fahrenheit—a 130-degree range. on the celsius scale, that range is from -28.8 degrees to 43.3 degrees—a 72.1-degree range. this means that you can get a more exact measurement of the air temperature using fahrenheit because it uses almost twice the scale.

19

step-by-step explanation: