Can I get some help on this problem? Thanks guys yo its really easy but I cant figure it out I need an explanation so dont post
without one
1 answer:
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Answer:
Yolanda will have a balance of $34,043.10 in 14 years.
Step-by-step explanation:
This is an Ordinary annuity question where you pick the hint from the equal and recurring monthly payment.
To find the Future value of Yolanda's savings after 14 years, use Future value of annuity formula FVA =
PMT= recurring payment = $300
r = discount rate; monthly rate in this case = 6% / 12 =0.5% or 0.005 as a decimal.
t = total duration ; 14 *12 = 168 months
Next, plug in the numbers into the FVA formula;
FVA =
FVA = 60,000 * 0.5673849
FVA = 34,043.0969
Therefore, Yolanda will have a balance of $34,043.10 in 14 years
Answer:
X + Y - W - Z = 180
Step-by-step explanation:
In parallel lines If you use the rules of:
* Alternate angles are equal
* Linear Pair Angles supplement to 180
And use the picture below for calculating the result: finally we get
Z = Y - (180 - (X - W)) which becomes the answer above if you simplify the parentheses.
