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3 years ago

I will give brainiest to whoever answers correctly !!

Mathematics

2 answers:

dolphi86 [110]3 years ago

6 0

Answer: $ 1959.66

A = Accumulated Amount

P = Principle / first contribution ($10)

PMT = Regular contributions / additional money added to investment) ($10)

r = Interest rate (9% / 0.09)

n = compounding frequency per year (12 = monthly, 4 = quarterly, 2 = semi-annually, 1 = annually ) (12)

t = number of years (10)

Plug the numbers into this formula and your calculator should get 1959.66

Formula: A = <u>P (1 + r/n) + PMT (1+r/n) to the power of nt -1</u>

(r/n)

podryga [215]3 years ago

3 0

Answer:

1,897.19

Step-by-step explanation:

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