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ValentinkaMS [17]
3 years ago
13

Calculate the final amount of a 20-year, long term savings plan if a payment of $2000 is made at the end of every year. Interest

is 8.5% compounded annually.
Mathematics
1 answer:
Andrej [43]3 years ago
6 0
Hi there
The formula of the future value of annuity ordinary is
Fv=pmt [(1+r)^(n)-1)÷r]
Fv future value?
PMT payment per year 2000
R interest rate 0.085
N time 20 years

Fv=2,000×(((1+0.085)^(20)−1)
÷(0.085))=96,754.03

Hope it helps
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CAN SOMEONE PLEASE HELP ME WITH THESE PEOPLE​
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Inverse of f(x)=x+2 is f^{-1}(x)=x-2 because

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Now f^{-1}(-5)=-5-2=\boxed{-7}.

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4 0
3 years ago
How do you solve for x? -10 - 2x > 54
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x< -64

Step-by-step explanation:

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4 0
2 years ago
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Given the Arithmetic sequence A1,A2,A3,A4A1,A2,A3,A4
Bad White [126]
The given sequence is
a₁ = 29
a₂ = 39
a₃ = 49
a₄ = 59

This sequence is an arithmetic sequence. Th first term is a₁ = 29, and the common difference is d= 10.

The n-th term is
a_{n}=a_{1}+(n-1)d
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Answer: a₃₃ = 349
7 0
3 years ago
The longest side of an isosceles right triangle measures 16m. What is the perimeter ofthe triangle?
Andreyy89

Answer:

In right triangle hypotenus(side facing angle 90)is the longest

Step-by-step explanation:

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x=

8 \sqrt{2}

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7 0
2 years ago
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<em>3 x 9 = 27</em>
<em>29 - 27 = 2</em>

<u>Mixed number: 3 2/9</u>
4 0
3 years ago
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