3 years ago

Find the savings plan balance after 1 year with an APR of 13% and monthly payments of $100. Assume an ordinary annuity.

1 answer:

8 0

Check the formula of future value of annuity ordinary (through Google)
FVOA=100[((1+0.13/12)^(12)-1/(0.13/12)]
FVOA=1274.15

You might be interested in

A diameter is 20 feet. identify the length of the radius.

Tanzania [10]

Answer:

The radius is <u>10 feet</u>.

Step-by-step explanation:

The diameter is always twice as large as the radius so divide the diameter by 2 and you'll get the radius.

20 ÷ 2 = 10

Hope this helps! :D

8 0

3 years ago

Read 2 more answers

In God's redemptive plan for mankind, the Feast of Weeks was a "shadow" or "type" of:

navik [9.2K]

Answer:

burnt offerings

Step-by-step explanation:

3 0

3 years ago

The sum of two even numbers is even. the sum of 6 and another number is even. what conjecture can you make about the other numbe

Basile [38]

We can say that the other number is even or it is 0.

6 0

3 years ago

What does (-x)+(-x)+(-x)=

Mazyrski [523]

Answer:

-3x

Step-by-step explanation:

5 0

3 years ago

Read 2 more answers

What is the distributive property of 5(12x -3) -7(2x +1)

Fed [463]

Answer:

46x-22

Step-by-step explanation:

5(12x-3)-7(2x+1)

60x-15-14x-7

60x-14x-15-7

46x-15-7

46x-22

8 0

3 years ago

Read 2 more answers