Answer:
It will take 88.2 months to accumulate the amount
Step-by-step explanation:
Given;
Future value of money, FV = $25,000
investment per compound period, P = $200
interest rate, i = 0.75% x 12 = 9%
The number of monthly installments required to amount to FV is given by;

Therefore, it will take 88.2 months to accumulate the amount.
Answer:weight and the Oz would be the same for both problems
Step-by-step explanation:
4^-3
You first need to make the exponent positive. To do this put it in a fraction.
1/4^3
Now solve the exponent.
4 * 4 * 4 =
^
16*4 = 64
1/64 is your answer
Answer:
Amount of milk in each milkshake = 7 2/3 gallons
Step-by-step explanation:
Gallons of milk = 23 (given)
Number of Milkshakes = 3
Because the gallons of milk were shared equally,
Amount of milk in each milkshake = 23/3 = 7 2/3 gallons of milk