Answer:
FV= $95,454.20
Step-by-step explanation:
Giving the following information:
Annual deposit= $2,000
Number of periods= 25 years
Interest rate= 5% compounded annually
<u>To calculate the future value of the annual deposits, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {2,000*[(1.05^25) - 1]} / 0.05
FV= $95,454.20
Answer:
-155
Step-by-step explanation:
Answer:
7 + p
Step-by-step explanation:
Solve:
7 - 3p + 4p
Simplify using like terms
Wrote problem using addition
7 + ( -3p + 4p)
7 + 1p or 7 + p
If my answer is incorrect, pls correct me!
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-Chetan K
Answer:
is there another number after the 7 if so if it is 5 or bigger it rounds up but 1-4 rounds down
Step-by-step explanation:
1234 multiplied by 0.22(22%) equals 271.48.
1234-271.48=962.52(A)
