Answer:
540$
Step-by-step explanation:
9x9 = 81
9 + 9 + 9 + 9 = 36
36 x 15 =540
R=x(A+B)
divide both sides by x
R/x=A+B
minus B both sides
(R/x)-B=A
A=(R/x)-B
-13is negative and is 13 spaces away from 0. 15 is positive and is 15 spaces away from 0.
The amount that will be in the account after 30 years is $188,921.57.
<h3>How much would be in the account after 30 years?</h3>
When an amount is compounded annually, it means that once a year, the amount invested and the interest already accrued increases in value. Compound interest leads to a higher value of deposit when compared with simple interest, where only the amount deposited increases in value once a year.
The formula that can be used to determine the future value of the deposit in 30 years is : annuity factor x yearly deposit
Annuity factor = {[(1+r)^n] - 1} / r
Where:
- r = interest rate
- n = number of years
$2000 x [{(1.07^30) - 1} / 0.07] = $188,921.57
To learn more about calculating the future value of an annuity, please check: brainly.com/question/24108530
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