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Novosadov [1.4K]
3 years ago
8

Write 3 ratios that are equivalent to 7.8:

Mathematics
1 answer:
pentagon [3]3 years ago
5 0
14:16 21:24 28:32 are three ratios that are equivalent
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Connie made deposits of $2,000 at the beginning of each year for four years. the rate she earned is 5% annually. what is the val
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To get the value of Connie's deposits we use the future value of annuity:
FV=P[((1+r)^n-1)/r]
where:
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r=rate
n=time
thus plugging our values in the formula we get:
FV=2000[((1+0.05)^4-1)/0.05]
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