Even though the money is required 2 years from now, the first deposit is made only a year from now, therefore in the bank for only one year.
The second deposit will be in the bank the same day it will be taken out, so no interest whatsoever.
Thus future value
= 8200(1.062)+8200
=$16908.40
will be available assuming compounding annually.
Answer:
1. 63.1. 2.22.5 3. 74.3 4. 56.1
Answer:
i really like your oroile pic sorry for bothering you
Step-by-step explanation:
The weekly earning is an illustration of a linear function.
Her total earning when she sells a good worth $4800 is $637
The given parameters are:
Let the total sales be x and the total earnings be y.
So, we have:
Substitute known values
When she sold merchandise worth $4800, it means that <em>x = 4800</em>
So, we have:
Hence, her total earning is $637
Read more about linear functions at:
brainly.com/question/20286983
2 times 18 equals 36... Did I do a good job answering your question?? If so, brainliest, please. :)
