3 years ago

Use the future value formula to find the indicated value. n=27; i=0.02; PMT=$65; FV=? FV=$(round to the nearest cent)

1 answer:

8 0

Future value formula:
F=A((1+i)^n-1)/i
=65(1.02^27-1)/.02
=2297.38
=2297.38 (nearest cent)

You might be interested in

nikklg [1K]

The answer would be d.) An=An+1-4.3

6 0

3 years ago

Ainat [17]

The last one is rightHope this helps!

6 0

3 years ago

Readme [11.4K]

Answer:

the answer is B. (15,4) :

Step-by-step explanation:

7 0

3 years ago

White raven [17]

Answer:

x=(2,-5.3)

Step-by-step explanation:

Hope this helps

7 0

2 years ago

Bezzdna [24]

Answer:

the value in the present of a sum of money, in contrast to some future value it will have when it has been invested at compound interest.

Step-by-step explanation:

6 0

3 years ago

Use the future value formula to find the indicated value. n=27​; i=0.02​; PMT=$65​; FV=? FV=$(round to the nearest cent)