Answer:
$976,578.71
Step-by-step explanation:
We assume the deposits are made at the <em>beginning</em> of each quarter. The quarterly interest rate is 6%/4 = 1.5%. The number of quarterly payments is 15×4 = 60. The future value of an annuity due is ...
A = P(1+r)((1+r)^n -1)/r
where r is the quarterly interest rate, n is the number of payments, and P is the payment amount.
A = $10000(1.015)(1.015^60 -1)/.015 ≈ $976,578.71
The future value is $976,578.71.
Answer:
76.75
Step-by-step explanation:
83.5 + 70= 153.5
153.5 / 2 = 76.75
Your grade would be 76.75.
HOPE THIS HELPED
Answer:
224 million
Step-by-step explanation:
I took the application
Answer:
480,247
Step-by-step explanation:
0.081 x = 38,900, so x (# sold to date) = 480,247 (rounded)