Answer:
$501,049.37
Step-by-step explanation:
For computing the amount after 22 years we need to applied the future value which is shown in the attachment below:
Given that
PMT = $9,000
NPER = 22 years
Annual rate = 0.078
Quarterly= 0.078 ÷ 4 = 0.0195
Effective annual rate = (1.0195^4) - 1 = 0.0803113041
Now applied the formula which is given below
= -FV(RATE;NPER;PMT;PV)
After applying the above formula, the future value is $501,049.37
The answer is 160. U multiply all. PUT ME AS BEST
Answer: He will have $1974 in April.
Step-by-step explanation:
Given : Total money he earned = $2200
He spent $50 per month gym membership, a $68 monthly phone plan $48 monthly gas plan and $60 monthly fun plan.
So , Money he has left = Money he earned - Total expenditure
= $ ( 2200- (50+68+48+60))
= $ (2200- 226)
= $ 1974
Hence, He will have $1974 in April.
The answer would be 6fg^3+5f^2g^2+f^3g-7
Hello,
First you have to multiply $275,000 x 30 x 6% = $495,000.
then 495,000 x 6% = 29,700.
That is the answer it is between 25,000 - 45,000....
Hope I Helped!!!