The formula for calculating compound interest with yearly contributions is:
Balance = X*(1 + Y)^n + Z((1 + Y)^(n + 1) - (1 + Y)/Y)
where the balance is the money earned after n years invested
Y is the interest rate as a fraction
Z is the yearly contribution
X is the starting investment
Therefore the calculation for this example is:
Balance = 1200*(1 + 0.05)^48 + 1200((1.05)^49 - (1.05)/05)
= $249,393.5
The way the angles are labeled tell you that they are all congruent. The two triangles you see here also share the side that joins them. Then by the angle-side-angle postulate, the two triangles are congruent, so x + 23 = 13, or x = -10.
Answer:
8.80
Step-by-step explanation:
Answer:
27
Step-by-step explanation:
let th original number=x
x+108=5x
5x-x=108
4x=108
x=108/4=27
