Please help!!

How much should Kim deposit (one time) in an account earning 1% per month (so r = 12% and k= 12)to
have a $5,000 down payment for her new car after 4 years?

If you could give a step by step that would be great!!

Step-by-step explanation:

Using this formula;

A = P(1 + rt)

A = Amount i.e. $5000

P = Principal or Initial payment

r = rate i.e. 12%

t = 4 years

5000 = P(1 + 0.12 × 4)

5000 = P(1 +0.48)

5000 = P(1.48)

P = 5000 / 1.48

= $3378.378

= $3378

Kim should deposit $3102

Step-by-step explanation:

We would apply the formula for determining compound interest which is expressed as

A = P(1+r/n)^nt

Where

A = total amount in the account at the end of t years

r represents the interest rate.

n represents the periodic interval at which it was compounded.

P represents the principal or initial amount deposited

From the information given,

A = $5000

r = 12% = 12/100 = 0.12

n = 12 because it was compounded 12 times in a year.

t = 4 years

Therefore,

5000 = P(1+0.12/12)^12 × 4

5000 = P(1+0.01)^48

5000 = P(1.01)^48

5000 = 1.612P

P = 5000/1.612

P = $3102

walter needs to make at least 5 more cookies but no more than 40. 5 ≥ x ≥ 40;

step-by-step explanation:

walter has to make a minimum of 20 cookies. he already has 15 cookies made, so he must make 5 more to meet the minimum.

the maximum amount of cookies he can make is 55. he already has 15, so he has to make no more than 40 more cookies to meet the maximum.