Answer:
2497.22...
Step-by-step explanation:
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.
Step-by-step explanation:
The sum of the three angles in a triangle must be
. Since this triangle has a right angle, we know that it is
°, so the sum of the remaining two angles must be
.
We can set up an equation for the two remaining angles to determine the value of
:



