Answer:
15+7=22
Step-by-step explanation:
Set up the equations.
It seems like she has already answer the question because all the ones on the screen are answer...lol
The amount of money in the account after 10 years is $278,814.10.
<h3>What will be the value of the account after 10 years?</h3>
The first step is to determine the amount she has left to invest.
Amount invested = amount won - amount spent on vacation
$250,000 - $10,000 = $240,000
The second step is to determine the future value of the account. The formula for calculating future value:
FV = P (1 + r)^nm
- FV = Future value
- P = Present value
- R = interest rate = 1/5/12 = 0.125%
- m = number of compounding =12
- N = number of years
240,000 x 1.00125^(12 x10) = $278,814.10
To learn more about future value, please check: brainly.com/question/18760477
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9514 1404 393
Answer:
yes
Step-by-step explanation:
The payments 1, 2, 4, ... have a common ratio of ...
r = 2/1 =4/2 = 2
This is characteristic of a geometric sequence.
The payments of plan 2 form a geometric sequence.
Answer:
It's option D. 8(8x + 9y).