Answer:
$62,490.65
Step-by-step explanation:
If we assume her deposits are at the beginning of the month, and that the interest is compounded monthly, the future value is that of an "annuity due." The formula is ...
FV = P(1+r/n)((1+r/n)^(nt)-1)/(r/n)
where r is the APR (.0276), n is the number of yearly compoundings (12), P is the monthly payment ($280), and t is the number of years (15). Putting the numbers into the formula and doing the arithmetic, we get ...
FV = $280(1.0023)(1.0023^180 -1)/(.0023) ≈ $62,490.65
Angelica's account balance after 15 years will be $62,490.65.
_____
If her deposits are at the end of the month, the balance will be $62,347.25.
Answer:
1.8
18
Step-by-step explanation:
Put the number of daughters as x and number of sons as y.
For the first half of the statement:
Number of sisters any daughter has = x-1 ( because you can't be your own sibling)
Number of brothers = y
y=x-1.
For the second half:
Number of sisters any son has = x
Number of brothers any son has = y-1
3(y-1)=x
Solve as system of equations.
3y-3=x
3(x-1)-3=x
3x-3-3=x
2x=6
x=3
y=x-1=3-1=2
3 daughters and 2 sons.
Hope this helps!
Your fortune is "You can't have everything...where would you put them all?"
Answer:
99
Step-by-step explanation:
Answer:
B
Step-by-step explanation:
"Is the same as" means an = sign, necessary for an equation!
