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
Answer:
yes!!? hiii, what do u need?
The scale factor is x2 or 100. 2 times 2 is 4 and n
Answer:
23.5
Step-by-step explanation:
Point E is in between line D & F.
It is given that line segment DE = 14.1, and line segment EF = 9.4.
Combine the two numbers to get DF:
DF = DE + EF
DF = 14.1 + 9.4
DF = 23.5
23.5 is your answer.
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Answer: $274.05
Step-by-step explanation
Ok so, use the formula I=Prt
Meaning principal, rate, and time.
First, turn the % into 100...
Or just move the decimal two times to the right.
= .0725
Next, turn 48 months into years. 12 ÷ 4 = 48.
= 4 years
And finally, multiply ♀
You can multiple them in the order of the formula.
945× 0.0725 × 4
Giving you the answer of, $274.05.
Hopefully this helps ♀
