Answer:
Future Value= $17,170.12
Step-by-step explanation:
Giving the following information:
Monthly deposit (A)= $70
Interest rate (i)= 0.04/12= 0.0033
Number of periods (n)= 15*12= 180 months
<u>To calculate the future value (amount saved), we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit
FV= {70*[(1.0033^180) - 1]} / 0.0033
FV= $17,170.12
Answer:
(-1 ; 3)
Step-by-step explanation:
when they say find the ordered pair they simply mean find the corresponding y value when x = -1
* where you see x substitute-1 *
f(-1) = 3(-1) + 6
=3
The answer is 150 over 100 hope this helps
The GDP of the country for 2014 is $5.3196 × 10⁸.
<h3>What is multiplication?</h3>
Multiplication is the process of multiplying, therefore, adding a number to itself for the number of times stated. For example, 3 × 4 means 3 is added to itself 4 times, and vice versa for the other number.
Given the Gross Domestic of a country in the first quarter of 2014 was $1.3299×10⁸. Therefore, the GDP of the country for that year will be,
GDP = 4 × (Gross Domestic for a single quarter)
= 4 × ($1.3299×10⁸)
= $5.3196 × 10⁸
Hence, the GDP of the country for 2014 is $5.3196 × 10⁸.
Learn more about Multiplication:
brainly.com/question/14059007
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