Answer:
$1,109.62
Step-by-step explanation:
Let's first compute the <em>future value FV.</em>
In order to see the rule of formation, let's see the value (in $) for the first few years
<u>End of year 0</u>
1,000
<u>End of year 1(capital + interest + new deposit)</u>
1,000*(1.09)+10
<u>End of year 2 (capital + interest + new deposit)</u>
(1,000*(1.09)+10)*1.09 +10 =
<u>End of year 3 (capital + interest + new deposit)</u>
and we can see that at the end of year 50, the future value is
The sum
is the <em>sum of a geometric sequence </em>with common ratio 1.09 and is equal to
and the future value is then
The <em>present value PV</em> is
rounded to the nearest hundredth.
Answer: Well, I don't see the points what are the points and I will write you the equation
8) red and 1, red and 2, red and 3, blue and 1, blue and 2, blue and 3
So answer is 6
9) 0.5*1/3 = 0.17
10) 0.5*2/3 = 0.33
Answer:
y= 1/4 x-62+1
Step-by-step explanation:
Answer:
what the question
Step-by-step explanation:
can you help me with my question The surface of the Gilded Age was of great prosperity, while the interior was corrupt; the "gilding" or good exterior of the Gilded Age came from which of the following? A. Rebuilding the nation from the left over money from the War B. The technological advancements of the industrial revolution C. The mass movement of people from the country into the cities D. New monuments and buildings built in honor of the war heroes