Answer:
- Annabella will save $4950.11 after 2 years.
Step-by-step explanation:
<h3>Given</h3>
- Periodic payment P = $200,
- Period t = 2 years,
- Number of compounds, monthly n = 12,
- Interest rate, r = 3.2% = 0.032.
<h3>To find</h3>
- Future value of saving, F
<h3>Solution</h3>
Use periodic compound formula:
Substitute the values and calculate:
rounded
The required fraction in the form of a/b is 2343/100
<h3>Fractions</h3>
Fractions are written as a ratio of 2 integers
Since the question is incomplete, we can e<u>xpress the decimal 23.43 as a fraction in the form p/q</u>
Given the decimal number 23.43
To get this, you will replace the decimal point by 1 and then add zeros depending on the number of decimal numbers that we have.
Learn more on fractions here: brainly.com/question/78672
Number 7: B=16. Number 8: A=30. Number 9: A=0
Answer:
2) D. y = 1,400 + 400m
Step-by-step explanation:
she starts the first month with the initial amount of 1400. this 1400 doesn't repeat monthly, so it isn't multiplied to anything. the 400m represents the 400 being added every month.
