Answer:
Formula: Future value of annuity
In 20 years: $249,875
Total Interest: $99,875
Step-by-step explanation:
Use the formula for future value:
FV =
P = $6,000
r = 0.04
n = 1
t = 25
FV =
FV = $249,875
To find the total interest earned, first find the total value of the deposit payments:
$6,000 annual payments for 25 years = 6,000 • 25
= $150,000
(I copied that explanation from somewhere else so its a little messed up. I just couldn't explain it properly. Hope this helps!)
Step-by-step explanation:
4= x>6
5(a)=x<5
5(b)=
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Answer:
10
Step-by-step explanation:
4x-12=28
4x = 40
x = 10 (Answer)
The answer to your question is 45 ✌️
Answer:
Step-by-step explanation:
on the picture
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