We have been given that Tony wants to save $10000 in 6 years.
That means future value S = $10000
Time t= 6 years
Interest rate = 4% yearly = 0.04 yearly
n=12 months per year
Now we have to find monthly payment to recieve $10000 in 6 years. so we need to apply monthly payment formula which is
which is approx $123.
Hence final answer is C) $123.
9514 1404 393
Answer:
a8 = 4
Step-by-step explanation:
Put 8 where n is and do the arithmetic.
a8 = (1/2)(8) = 8/2 = 4
The 8th term of this arithmetic sequence is 4.
Answer:
Felix has 250 dollars
No change
Lucas has 5 dollars
Step-by-step explanation:
Answer: ...
Step-by-step explanation:
Their least common multiple is 90 .
90 = 5 x 18
90 = 2 x 45