1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Volgvan
3 years ago
5

Jeremiah has a long term savings plan. For 10 years he has been investing $150 a month, earning 4.25% interest compounded monthl

y. how much more would he have saved if he had chosen to make deposits of $200 a month?
Mathematics
1 answer:
Gennadij [26K]3 years ago
3 0
The formula of the future value of annuity ordinary
Fv=pmt [(1+r/k)^(kn)-1)÷(r/k)]
Fv future value
Pmt payment
R interest rate 0.0425
K compounded monthly 12
N time 10 years

If the payment 150
Fv=150×(((1+0.0425÷12)^(12
×10)−1)÷(0.0425÷12))
=22,381.089

If the payment 200
Fv=200×(((1+0.0425÷12)^(12
×10)−1)÷(0.0425÷12))
=29,841.452

How much more
29,841.45−22,381.09
=7,460.36
You might be interested in
Five decreased by twice a number is same as five less than<br> three times the number.
sergejj [24]
Answer: If you are suppose to write an algebraic expression it is: 5 - 2x = 3x - 5
If you are suppose to solve the answer is:
5-2x=3x-5
-2x=3x-10
-5x=-10
x=2
8 0
2 years ago
What number is 25% of 180
TiliK225 [7]
'what number' indicates an unknown value we can represent with 'x'

'is' indicates an equal sign.

25% = 0.25

'of' indicates multiplication.

x = 0.25 * 180

x = 45
4 0
3 years ago
Read 2 more answers
Please solve below !!
12345 [234]

Answer:

square root of 113 or 10.6

Step-by-step explanation:

7^2+ 8^2= C

49+64=C

113=C

square root of 113 OR 10.6

Hope this helped :)

3 0
3 years ago
Read 2 more answers
Explain the meaning of continuity as it pertains to a function. Identify and explain the three conditions that must exist in ord
vesna_86 [32]

When there are no gaps or breaks on the graph, a function is continuous. When a function fails to be continuous, it is said to be discontinuous at that location.

<h3>What is Continuity in Calculus?</h3>

A function is continuous when there are no gaps or breaks in the graph. These gaps or breaks can be easily seen in a graph. They are also easily stated as holes, jumps, or vertical asymptotes. However, in calculus, you must be more specific in your definition of continuity.

There are three conditions that must be met in order to state a function is continuous at a certain point.

A function f(x) is continuous at a point a if only if the following three conditions are satisfied:

1.)f(a) is defined

2.)lim x→a f(x) exists

3.)lim x→a f(x)=f(a)

Therefore,  A function is discontinuous at a point a if it fails to be continuous at a.

Learn more about Continuity here

brainly.com/question/24898810

#SPJ1

6 0
1 year ago
Solve for x. x+23=−16 Enter your simplified answer in the box.
pav-90 [236]

Answer:

x=-39

Step-by-step explanation:

subtract 23 from both sides

-16 - 23= -39

therefore x=-39

8 0
2 years ago
Read 2 more answers
Other questions:
  • Decrease £280 by 73%
    7·1 answer
  • Hey i will give free brainlest who wants them then come take some brainliests
    8·2 answers
  • Find the measure of the supplement of a 158 angle
    6·1 answer
  • What is mental math for 8x25x23
    6·2 answers
  • A cylinder has a height of 4 m and diameter or 4m what is the volume ?
    11·1 answer
  • Number 6 plz plz plz help
    6·2 answers
  • Create a table for the equation with a y-intercept of 15 and a slope of -5. What is the output when x is -10?
    14·1 answer
  • Bad Bunny o Darell?? <br><br>Freę points​
    10·2 answers
  • Choose the correct graph that shows the preimage and
    15·2 answers
  • Find the area of a regular octagon with an apothem of 8.45 cm and a side length of 7 cm. (round to the nearest whole number) A)
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!