The answer is A. they should work on their plan for managing income.
Answer:
Step-by-step explanation:
Usimg formula for calculating compound interest.
A = P(1+r/n)^nt
P is the principal =$250
r is the rate = 5%
t is the time = 25years
n = 1/4(compounded quarterly)
Substituting to get the amount A.
A = 250(1+5/25)^25/4
A = 250(1+0.2)^6.25
A = 250(1.2)^6.25
A = 250(3.125)
A = $781.31
Hence the accumulated amount in Jessica's annuity after 25 years is $781.31
I think it's B. not sure though u should wait. till someone else answer to see if I am right
Answer:
I think that5 it is the secend one
Step-by-step explanation:
Answer:
36 is the answer to the questions
