Could someone help me understand this?
1 answer:
You might be interested in
Answer:
"$ 2,880" is the right answer.
Step-by-step explanation:
The given values are:
Annual deposit,
PV = $1,800
Interest rate,
r = 2%
or,
= 0.02
As we know,
⇒
On substituting the values, we get
⇒
⇒
⇒
⇒ ($)
Answer:
The correct option is;
Step-by-step explanation:
The given diagram consists of a a starting point, J having a direction passing through the point S and the line has one arrowhead on the right pointing to infinity, which is the symbol for a ray, JS
The denotation of a ray is made by the name of the ray having an overhead arrow as follows;
ray