The saving plan balance is $3,677.53.
Given that,
- The no of months is 18.
- The annual percentage rate is 3% so the monthly rate percentage is 0.25%.
- And, the monthly payment is $200.
Based on the above information, the following formula should be used:
FVA = PMT× [(1+r)^n - 1] ÷ r
= $200 × [(1+ 0.0025)^18 - 1] ÷ 0.0025
= $3,677.53
Therefore we can conclude that the saving plan balance is $3,677.53.
Learn more: brainly.com/question/14191332
multiply the length and with by the scale factor:
24 x 4/3 = 32 feet
20 x 4/3 = 26 2/3 feet
Area is length x width:
32 x 26 2/3 = 853 1/3 square feet.
21 students; 3/4 ; Possible explanation: 75% corresponds to 21 students.
So, 21 students met their reading goal. The fraction 75/100 represents 75%.
Therefore, 75/100, or 3/4, of 28 students met their reading goal.
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Replace b with 7 in the binomial and simplify.
b + 16
Let b = 7
7 + 16 = 23