F(x)=5*2
the f(x) stands for a normal X like any other algebraic equation. so all it is, is 5 times 2, which is 10.
so,
f(x)=5*2
f(x)=10<span />
Answer:
interest earned= 292.878
the future value of an annuity= 892.878
Step-by-step explanation:
Given Data:
Interest rate= 5%
time,t = 8 years
Quarterly payment, P= 600
n= 4 as quarterly
At the end of 8 years, final investment A= ?
As per the interest formula
A= P(1+r/n)^nt
= 600(1+0.05/4)^32
= 892.878
Interest earned = A-P
= 892.878-600
= 292.878 !
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Answer:
A
Step-by-step explanation:
Hi!
This one's a bit hard to explain! IF you want explanation, just comment.
Using the data given, we can conclude that
is the correct answer.
Hope this helps!