Answer:
$62,490.65
Step-by-step explanation:
If we assume her deposits are at the beginning of the month, and that the interest is compounded monthly, the future value is that of an "annuity due." The formula is ...
FV = P(1+r/n)((1+r/n)^(nt)-1)/(r/n)
where r is the APR (.0276), n is the number of yearly compoundings (12), P is the monthly payment ($280), and t is the number of years (15). Putting the numbers into the formula and doing the arithmetic, we get ...
FV = $280(1.0023)(1.0023^180 -1)/(.0023) ≈ $62,490.65
Angelica's account balance after 15 years will be $62,490.65.
_____
If her deposits are at the end of the month, the balance will be $62,347.25.
Answer:
Step-by-step explanation:
- -2n +7 > -11
- -2n > -11 - 7
- -2n > -18
- n < -18/-2
- n < 9
- n = (-oo, 9)
First box (under 1) is 7, next box (above 12.5) is 6.5 and the last box is 16
Speed (S) = Distance (D) / time (t)
First stretch
45 = D / 2
D = 45*2
D = 90 mp
How is the same distance:
Second stretch
S = 90 / t
Average speed (AS):
AS = (S1+S2) / 2
60 = [45+(90/t)] / 2
120 = 45+90/t
120-45 = 90/t
75 = 90/t
t = 90/75
t = 1,2 h
________________________
And now:
S = 90 / t
S = 90 / 1,2
S = 75 mph
You would have two hundred and fifty seven figures.