You start savings a $250 a month for the next 22 years to give us a gift to your daughter when she graduates college if you put
the money into a long-term savings account that receives 3.5 interest how much money will you be able to give your daughter
1 answer:
Answer:
$376,475.71
Step-by-step explanation:
FVA Due = P * [(1 + r)n – 1] * (1 + r) / r
FVA Due = 250 * [(1.2916)264 – 1] * (1.2916) / .2916
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Answer
Answer:
(0,1) (0.333,0)
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Step-by-step explanation:
5+ 3 Well a times it would probably be 40
Answer:
Yes.
Step-by-step explanation:
Both yards do cost the same.
$15.00 divided by 2 is equal to 7.5.
$37.50 divided by 5 is equal to 7.5.
Therefore, both yards cost the same.