Answer:
Please refer to the attachment
Answer:
Step-by-step explanation:
F(x)=-x+5
So
f(-4)= -(-4)+5
f(-4)= 4+5
f(-4)= 8
Only we have to substitute value of x then after simplification we will get answer..Hope this will help
The saving plan balance is $3,677.53.
Given that,
- The no of months is 18.
- The annual percentage rate is 3% so the monthly rate percentage is 0.25%.
- And, the monthly payment is $200.
Based on the above information, the following formula should be used:
FVA = PMT× [(1+r)^n - 1] ÷ r
= $200 × [(1+ 0.0025)^18 - 1] ÷ 0.0025
= $3,677.53
Therefore we can conclude that the saving plan balance is $3,677.53.
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