A family is saving up for a house payment. If they deposit $400 each month into an account that pays 4.8%intrest compounded monthly how much money will they have in 8 years from now

44,956

Step-by-step explanation:

Future value

A family is saving up for a house payment. If they deposit $400 each month into an account that pays 4.8% interest compounded monthly how much money will they have in 8 years from now

The formula =

P = d( (1 + r/k)^nk - 1)/r/k

d = Amount deposited monthly = $400

r = interest rate = 4.8% = 0.048

k = compounding frequency = 12 months

n = number of years = 8

P = 400((1 + 0.048/12)^8 × 12 - 1)/0.048/12

P = (400 ( 1 + 0.004)^96 - 1)/0.004

P = (400 ( 1.4495569791 - 1)/0.004

P = 40(0.4495569791)/0.004

P = 179.82279162/0.004

P = 44955.697906

Approximately

P = 44,956

answer:

the position of equilibrium will shift to the left.

step-by-step explanation:

the general equation for the dissociation of a weak base is

b + h₂o   ⇌   bh⁺ + oh⁻

according to le châtelier's principle, when a stress is applied to a system at equilibrium, the system will respond in a way that tends to relieve the stress.

if you apply a stress by adding more bh⁺ or oh⁻,   the system will respond by moving in a direction that gets rid of the added ions.

the position of equilibrium will shift to the left, forming more of the undissociated base.

the reporter's right

step-by-step explanation:

1/4 = .25 / 25%