The future value of a monthly deposit A=125.30 at annual interest i=0.015 per annum for n=35 years compounded monthly is given by
FV=A((1+i/12)^(12*n)-1)/(i/12)
=125.30(1+0.015/12)^(12*35)/(0.015/12)
=$69156.05
The annuity formula is given by
Payment = r(PV)/(1-(1+r)^(-n))
where
r=interest rate per period = 0.015/12
PV= $69156.05
n=20*12=240
so
Payment = (0.015/12)<span>69156.05/(1-(1+0.015/12)^(-240))
= $333.71 per month.</span>
C
..................................
<span>216:270 = 4:5
divide top and bottom by 54
hope it helps</span>
The total to this would be $1,389.93 because $1,299 + 7% = $1,389.93
C because the sun is like 100 times bigger than our Earth so if its medium well there we go
