Answer:
Half of 24 is 12
Step-by-step explanation:
24/2 = 12
There are different formulas for each different shape.
Answer:
Present value of contributions is $24,106.15
Step-by-step explanation:
Weekly rate=9%/52weeks= 0.173%
Weekly contributions $50
Number of weeks=20years×52weeks=1040
Present value of contribution=$50(1-[(1+9%/52)^-1040 /(9%/52)
Present value of contribution= $24,106.15