The amount that will be in the account after 30 years is $188,921.57.
<h3>How much would be in the account after 30 years?</h3>
When an amount is compounded annually, it means that once a year, the amount invested and the interest already accrued increases in value. Compound interest leads to a higher value of deposit when compared with simple interest, where only the amount deposited increases in value once a year.
The formula that can be used to determine the future value of the deposit in 30 years is : annuity factor x yearly deposit
Annuity factor = {[(1+r)^n] - 1} / r
Where:
- r = interest rate
- n = number of years
$2000 x [{(1.07^30) - 1} / 0.07] = $188,921.57
To learn more about calculating the future value of an annuity, please check: brainly.com/question/24108530
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16+14 = 30.
30 is your answer
Answer:
Step-by-step explanation:
you have to add all the fractions to find the perimeter
10 1/7+10 1/7= 20 2/7 (width)
20 2/7+35 3/7(length) =55 5/7
12 2/7+12 2/7=24 4/7
55 5/7+24 4/7= 79 9/7=80 2/7
80 2/7+ 15 3/14+ 24 1/14= 562/7+ 213/14+337/14= (1124+213+337)/14
=1674/14=119 8/14= 119 4/7
Step-by-step explanation:
convert to g
37 095 g
37 095-4650=32 445 g / 32.455 kg
no, it is not because it can be simplified to 1/2.
