Answer:
FV= $123,879.85
Step-by-step explanation:
Giving the following information:
Montlhy deposit (A)= $100
Monthly interest rate (i)= 0.09/12= 0.0075
Number of periods (n)= 12*26= 312 months
<u>To calculate the future value, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit
FV= {100*[(1.0075^312) - 1]} / 0.0075
FV= $123,879.85
Answer:
x = 10
Step-by-step explanation:
Since you’re multiplying n^-6 and n^3, you can add the exponents: -6+3 = -3
n^-6 * n^3 = n^-3
If you need to finish without having a negative exponent in your answer, then remember a negative exponent means that factor is on the wrong side of the fraction.
n^-3 = n^-3 / 1 = 1/n^3
when the factor moves to the other side of the fraction, the side of the exponent changes.
Answer:
78
Step-by-step explanation:
add all the numbers to get 78
