Answer:
$62,490.65
Step-by-step explanation:
If we assume her deposits are at the beginning of the month, and that the interest is compounded monthly, the future value is that of an "annuity due." The formula is ...
FV = P(1+r/n)((1+r/n)^(nt)-1)/(r/n)
where r is the APR (.0276), n is the number of yearly compoundings (12), P is the monthly payment ($280), and t is the number of years (15). Putting the numbers into the formula and doing the arithmetic, we get ...
FV = $280(1.0023)(1.0023^180 -1)/(.0023) ≈ $62,490.65
Angelica's account balance after 15 years will be $62,490.65.
_____
If her deposits are at the end of the month, the balance will be $62,347.25.
Answer:
Answer: 208
is the answer I know got it correct
I think 54 is the answer of this puestion
He would have walked 5 kilometers because 12 goes into 60 5 times
Answer:
y=1/2x-5
Step-by-step explanation:
We have slope so we just need to find the y intercept.
slope intercept formula is
y=mx+b
(m) is slope
(b) is y int
y=1/2x+b
now apply our given x and y values (4 & -3)
-3=1/2(4)+b
simplify
-3=2+b
subtract 2 from each side
-5=b
put that into our equation
y=1/2x-5
