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P = $70, p = 2.5% = 0.025
q = 1 + 0.025 / 12 = 1.002
Future value of a periodic deposit:
A = P · q · ( q^30 - 1 ) / ( q - 1 )
A = 70 · 1.002 · ( 1.002^30 - 1 ) / ( 1.002 - 1 )
A = $2,166
Answer:
He will have $2.166 in 30 months.
D) Line JK
<----->
JK
<em>H</em><em>o</em><em>pe </em><em>it </em><em>helps </em><em>:</em><em>)</em>
Exact Form:
x = 34/7
Decimal Form:
x= 4. 857142
Mixed Number Form:
x= 4 6/7
