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
The answer to the problem would be false
The simplest form is 5/48
Answer: 
Step-by-step explanation:
Observe in the figure given in the exercise that four right triangles are formed.
In this case you can use the following Trigonometric Identity to solve this exercise:
From the figure you can identify that:

Then, you can substitute values:

The next step is to solve for DE in order to find its value. This is:

Finally, rounding the result to the nearest tenth, you get that this is:
