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aniked [119]
3 years ago
6

One week, Gerard wrote a check for $8.75, deposited $4.50, and wrote another check for $2.50. What was the change to Gerard's ba

nk account that week?​
Mathematics
1 answer:
Dima020 [189]3 years ago
6 0

Answer:you have to subtract first and then add the 2.50 and that’s your answer

Step-by-step explanation:

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Order the integers {-10, -25, 25, 10, -50} from least to greatest.
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-50,-25,-10,10,25

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a hat contains 2 red apples and 3 green apples. a bucket contains 7 red apples and 3 green apples. a container is selected at ra
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You have a goal of saving to build up a nest egg of $625,357.24, and you are going to make regular deposits to an account that p
Delvig [45]

The monthly deposit required to save up to $625,357.24 (future value) in 40 years at a 7.2% APR is <u>$225.20</u>.

<h3>What is the monthly deposit?</h3>

The monthly deposits are the periodic savings that the investor must make to achieve future value.

The monthly deposit is compounded at the monthly annual percentage rate (APR).

We can compute the required monthly deposits using an online finance calculator as follows:

N (# of periods) = 480 months (40 years x 12)

I/Y (Interest per year) = 7.2%

PV (Present Value) = $0

FV (Future Value) = $625,357.24

<u>Results</u>:

Monthly Deposits (PMT) = $225.20

Sum of all periodic payments = $108,096 ($225.20 x 480)

Total Interest = $517,261.24

Thus, to save $625,357.24 in 40 years, you need to deposit <u>$225.20</u> monthly.

Learn more about periodic deposits (payments) at brainly.com/question/13031679

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1 year ago
Speed can be found using the formula s = d/t (d = distance, t = time). True or false
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