Answer:
interest earned= 292.878
the future value of an annuity= 892.878
Step-by-step explanation:
Given Data:
Interest rate= 5%
time,t = 8 years
Quarterly payment, P= 600
n= 4 as quarterly
At the end of 8 years, final investment A= ?
As per the interest formula
A= P(1+r/n)^nt
= 600(1+0.05/4)^32
= 892.878
Interest earned = A-P
= 892.878-600
= 292.878 !
Step-by-step explanation:
its blue square sorry if its wrong i do my best ok
A histogram is a graphical representation of discrete or continuous data. To put it another way, it gives a visual representation of numerical data by displaying the amount of data points that fall within a given range of values.
Answer:
568.3 into the nearest hundred
5.683
