I believe the answer is 1064.
P.s. your cute matsuki <3
Answer:
Here is something you can study.
Step-by-step explanation:
72 is the denominator because 24 multiplied by 3 is 72 and 18 multiplied by 4 is 72
The saving plan balance is $3,677.53.
Given that,
- The no of months is 18.
- The annual percentage rate is 3% so the monthly rate percentage is 0.25%.
- And, the monthly payment is $200.
Based on the above information, the following formula should be used:
FVA = PMT× [(1+r)^n - 1] ÷ r
= $200 × [(1+ 0.0025)^18 - 1] ÷ 0.0025
= $3,677.53
Therefore we can conclude that the saving plan balance is $3,677.53.
Learn more: brainly.com/question/14191332
5892 divided by 18 is 327 rounded
