Answer:
future value = 232369.1361
return % = 384.10 %
Explanation:
given data
principal = $100 per month
time = 40 year = 480 months
rate = 6.25 % yearly = 0.0625 yearly = 0.005208 monthly
to find out
total amount of capital at the end of your investment and percentage is your total return
solution
so here future value formula is
future value = P
..........1
here r is rate and t is time and P is principal
so put all value
future value = 100
future value = 232369.1361
so
Total capital at the end of investment-Total principle invested over the years
232369.1361 - 100 ( 12 × 40 )
184369.1361
so
Return % =
× 100
return % = 384.10 %
Technology changes advertising and communications by increasing the outreach of people that will get the message, and increasing the speed at which they get the message. Which in turn makes the advertising more relevent because they can release more product to a wider audience during a specific time period.
Hard Disk Drive
Solid State Drive
And Random Access Memory (RAM)
1100110-101101 = 111001 = 57