You have to divide 28 divided by 12 equals 2.3%
Answer:
FV= $34,222.33
Step-by-step explanation:
<u>First, we need to calculate the weekly interest rate:</u>
Weekly interest rate= 0.0289/52= 0.00056
<u>To calculate the future value (FV), we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= weekly deposit
n= 15*52= 780
A= $35
FV= {35*[(1.00056^780) - 1]} / 0.00056
FV= $34,222.33
128 : 3 :: w : 8 proportion
3w = (8)(128) product means/extremes
w = 341 ⅓ cars
The first answer in Question A is Business Plan and the second answer is $3 less.
The first answer in Question B is 12 and the second answer is Residential Plan.