To estimate the amount Bradley would have at age 73 if he started investing in 40 we use the future annuity formula given by:
A=P[((1+r)^n-1)/r]
where:
P=principle
r=rate
n=time
thus plugging in the values we get:
A=12×550=$6600
n=73-40=33
r=7%
hence
A=6600[((1.07)^33-1)/0.07]
simplifying the ^ we get:
A=784,960.6054
Hence the answer is: $784, 960.6054
Answer:
9: D 10: A
Step-by-step explanation:
Answer:
Hello!
answer: number 2 is a supplementary angle
answer: number 3 is complementary angle
Hope that helps!
Answer:
28/15
Step-by-step explanation:
Refer the attachments.
