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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
Solve the following system of equations using the elimination method. 5x – 5y = 10 6x – 4y = 4
tresset_1 [31]

Answer:

x=-2,y=-4

Step-by-step explanation:

By dividing to lowest terms

5x – 5y = 10= x-y=2.......(1)

6x – 4y = 4=3x-2y=2........(2)

By elimination method

Multiply equation (1) by 3 so as to correspond with equation (2)

3(x-y)=3(2)

3x-3y=6..........(3)

Multiply equation (2) by 1 so as to correspond with equation (1)

1(3x-2y)=1(2)

3x-2y=2..........(4)

Then equation (3)-equation (4)

(3x-3y=6)

-

(3x-2y=2)

__________

-y=4

y=-4

Substitute y=-4 into equation(1)

x-(-4)=2

x+4=2

x=-2

Therefore x=-2,y=-4

8 0
3 years ago
How many license plates can be made consisting of 3 letters followed by 2 digits?
Andru [333]

each letter can be 1 of 26 letters

 each number can be 1 of 10 digits

 so you get

26 * 26 *26 * 10 *10 = 1,757,600 combinations

7 0
3 years ago
Please help me with this question
Cloud [144]

Answer: It's the 3rd one. Secant line

4 0
2 years ago
How do i do this? With steps pleaseeeeeeeeeee thank youuu
Sunny_sXe [5.5K]

Answer:

110°

Step-by-step explanation:

Since angle B is 30° and the ratio of a to b is 2:1, multiply 30 by 2 to get the measure of angle a = 60°.

Since angles a is 60° And the ratio of a to c is 3:1, divide 60 by 3 to get the measure of angle c = 20°.

add them up:

60 + 30 + 20 = 110°

3 0
3 years ago
Equation with angle addition help me please answer
pav-90 [236]

Answer:

As described in picture:

RPS = 5x + 34

QPR = 8x + 15

RPS +QPR = QPS = 88

=>5x + 34 + 8x + 15 = 88

=> 13x + 49 = 88

=> 13x = 39

=> x = 3

=> RPS = 5 x 3 + 34 = 15 + 34 = 49 deg

Hope this helps!

:)

6 0
3 years ago
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