$ 159,744.59 will be in the account after 20 years.
Answer: Option A
<u>Step-by-step explanation:</u>
Need to find out the amount present in the account after 20 years. The formula to find out the future value is,

Here
p : amount deposit monthly =$500
r : rate of interest =
= 0.0275
n : 12(compound monthly)
t : time =20
By substituting all the given datas in the above equation, we get



Answer:
idu
Step-by-step explanation:
4+8*12=45
Answer:
$2,975
Step-by-step explanation:
7/2 times 850
Answer:
x=7, y= 8
Step-by-step explanation:
x+y=15
x+2y=23
Subtract the first equation from the second equation to eliminate x
x+2y=23
-x-y=-15
--------------------
y = 8
Now we can find x
x+y = 15
x+8 = 15
Subtract 8 from each side
x+8-8=15-8
x = 7
Answer:
Check explanation
Step-by-step explanation:
