Answer:
H Divided by (3+y) is equivalent to H/(3+y)
Step-by-step explanation:
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Answer:
Annual deposit= $3,474.39
Explanation:
Giving the following information:
You want to have $60,000 in your savings account 12 years from now, and you’re prepared to make equal annual deposits into the account at the end of each year. The account pays 6.4 percent interest.
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (60,000*0.064)/[(1.064^12)-1]= $3,474.39
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Answer:
x = sqrt(17)
Step-by-step explanation:
Since this is a right triangle we can use the Pythagorean theorem
a^2 + b^2 = c^2
Let the unknown side be x
8^2 + x^2 = 9^2
64 + x^2 = 81
Subtract 64 from each side
x^2 = 81-64
x^2 =17
Taking the square root of each side
x = sqrt(17)