1-there were a huge amount of firsts yesterday
2-first ever inauguration the ex president didn’t go
Answer:
213
Step-by-step explanation:
213
900x300=270,000 plus 2 would equal 270,002.4 devided by 3-2001 would equal 87,999.8
The formula for calculating compound interest with yearly contributions is:
Balance = X*(1 + Y)^n + Z((1 + Y)^(n + 1) - (1 + Y)/Y)
where the balance is the money earned after n years invested
Y is the interest rate as a fraction
Z is the yearly contribution
X is the starting investment
Therefore the calculation for this example is:
Balance = 1200*(1 + 0.05)^48 + 1200((1.05)^49 - (1.05)/05)
= $249,393.5
The easiest way to do it is graph it and count.
