The future value of a monthly deposit A=125.30 at annual interest i=0.015 per annum for n=35 years compounded monthly is given by
FV=A((1+i/12)^(12*n)-1)/(i/12)
=125.30(1+0.015/12)^(12*35)/(0.015/12)
=$69156.05
The annuity formula is given by
Payment = r(PV)/(1-(1+r)^(-n))
where
r=interest rate per period = 0.015/12
PV= $69156.05
n=20*12=240
so
Payment = (0.015/12)<span>69156.05/(1-(1+0.015/12)^(-240))
= $333.71 per month.</span>
5. C
V = 0.5 • 12 • 8 • 4 = 192
6. G
V = (1/3) 6x^2 • 6 • 8 = 96x^2
Answer:
B
Step-by-step explanation:
the amount owed is greater than the cost
Answer:
there are 75 colors of each candy
Step-by-step explanation:
300÷4=75
