1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
GREYUIT [131]
3 years ago
12

How much can you accumulate in a savings plan if your annual year-end deposit is $500, and you earn 6% annual interest for 8 yea

rs?
S = p times 1 + r quantity to the n power minus 1 all over r
A. $7,265.40
B. $12,265.40
C. $4,948.73
D. $14,265.40
Mathematics
1 answer:
Anit [1.1K]3 years ago
3 0
Hi there
The formula of the future value of annuity ordinary is
Fv=pmt [(1+r)^(t)-1)÷r]
Fv future value?
PMT 500
R 0.06
T 8 years

Fv=500×(((1+0.06)^(8)−1)÷(0.06))
Fv=4,948.73

Option c

Hope it helps
You might be interested in
The table below shows all of the possible outcomes of rolling a six-sided number cube and flipping a coin.
exis [7]

maybe bc of how many times you can add the number itself

3 0
3 years ago
Read 2 more answers
40% of what number is 82?
Naya [18.7K]
82*100/40 = 205 

<span>40% 0f 205 = 205*40% = 205*40/100 = 82
hopes this helps :) :D :)</span>
4 0
3 years ago
Read 2 more answers
Adidea Corp regularly buts merchandise from vendors. It just purchased 1,000 units on credit from one of its vendors. How will t
Lostsunrise [7]

Answer:

You did not include the price they bought the units at.

I will assume this price is $5.

= 5 * 1,000

= $5,000

Recording it will be:

    Account                                                           Debit                     Credit

    Merchandise Inventory                                 $5,000

          Accounts Payable                                                                 $5,000

7 0
2 years ago
How do you multiply and divide fractions? please explain in depth with examples.​
Dmitry_Shevchenko [17]

Answer:

To multiply fractions, all you have to do is multiply the numerators and denominators and simplify the result. To divide fractions, you simply have to flip the numerator and denominator of one of the fractions, multiply the result by the other fraction, and simplify.

Step-by-step explanation:

3 0
3 years ago
Find the equation of the linear function represented by the table below in slope--
Vika [28.1K]

Answer:

the answer is 9

Step-by-step explanation: 1+1+1+1+1+1+1+1+1=9

3 0
3 years ago
Other questions:
  • PLZ HELP AND EXPLAIN !! Arron borrowed $200 from his cousin. He promised to repay the loan in 2 years at a simple annual interes
    11·1 answer
  • Algbra 1 <br> solve: 8-8m=8m+56
    6·2 answers
  • Which method will not work?
    5·1 answer
  • Solve for x in the equation x + 10 = 15. A. x = −5 B. x = 25 C. x = 10 D. x = 5
    9·2 answers
  • A celebrity called Wayne East has been having some money problems recently. He is thinking of investing in the greatest record i
    10·1 answer
  • This system of equations has A. exactly one solution B. no solution C. infinitely many solution​
    6·1 answer
  • The equation h(t) = -16t^2? + 32t + 128 models the path of a ball thrown in the air from the top of a building. After how many s
    8·1 answer
  • 1a. Alex skateboards at a constant speed from his house to school 4 miles away. It takes him 15 minutes. What fraction represent
    13·1 answer
  • Note: Enter your answer and show all the steps that you use to solve this problem in the space provided. Calculate the area of t
    6·1 answer
  • When the admission price for a baseball game was $4 per ticket, 50,000 tickets were sold. When the price was raised to $5, only
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!