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Arlecino [84]
3 years ago
12

List at least two technology tools that can help with calculating future value of an investment. Using complete sentences, expla

in which tool you prefer to use and why.
Mathematics
1 answer:
Setler79 [48]3 years ago
4 0

Answer:

  • scientific or graphing calculator
  • TVM solver
  • spreadsheet

Step-by-step explanation:

For many future-value calculations, a scientific calculator is a sufficient tool. Of course, one must know the appropriate formula to use.

A good alternative when the calculation is a little messy is a TVM solver or special-purpose financial calculator. I prefer this tool because it requires little more than entering numbers in to the right slots.

Most modern spreadsheet programs and apps come with financial formulas built in. So, they, too, can be easy tools to use for calculating future value. These are especially handy when a number of scenarios need to be explored. (I always have to look up the formulas to see which one is appropriate and what its inputs are. So, I find a spreadsheet less useful for a simple calculation.)

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2 years ago
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a cell phone company has a basic monthly plan of $40plus $0.45 for many minutes ised over 700. John was charged a total of $48.1
jonny [76]
Cost of month plan = $40

Cost of minutes used = $0.45 after 700 minutes

Total cost = $48.10

Let x be the total minutes used
Total cost = 40 + 0.45(x - 700)

------------------------------------------------------------------
Form the equation and solve x
------------------------------------------------------------------
40 + 0.45(x - 700) = 48.10
40 + 0.45x - 315 = 48.10
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Answer: John had used 718 mins this month
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8 0
3 years ago
2 divided by 5/12= what
AlekseyPX

Answer:

4.8

Step-by-step explanation:

2 ÷ 5/12 = 4.8

Make sure to use a calculator or solve on a piece of paper. :)

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What percent of 132 grams is 43.2 grams ?? ​
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