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:
192 points
Step-by-step explanation:
he earned 120 points for passing 6 levels and getting 20 points per level
he earned 72 points for racing 45 laps and getting 24 points per every 15 laps
13.25x3-(8.50x3)=x x is the cost of the system
Answer:
10:40
Step-by-step explanation:
10+10+20=40
10 red cards
