Answer:
Step-by-step explanation:
3/4 divied by 15 = 1/20
The formula for the future value A, given annual interest rate r, number of years t, and deposit amount P can be written as
... A = P(1 +r/12)((1+r/12)^(12t) -1)/(r/12)
Filling in the given numbers, you have
... A = 200(1+.0275/12)((1+.0275/12)^(12·39) -1)/(.0275/12) ≈ 167,868.30
The appropriate choice is $167,868.30.
_____
The formula is the one for the sum of a geometric series. It can be useful to consider the last deposit made as the first term of the series.
Answer:
50
Step-by-step explanation:
I assume you are asking how much she EARNS after 2 years.
500x.-5=25 interest per year
25 x 2 years = 50 interest for 2 years.
10^3= 1,000
hope this helps :)
Answer:
Step-by-step explanation:
(-x + 3) - (4x - 10)
= - x + 3 - 4x + 10 (because when you see the minus sign you have to change all the sign inside the bracket)
= -5x + 13 (this step is just subtract -x and -4x and 10 + 3)
