The future value of a monthly deposit A=125.30 at annual interest i=0.015 per annum for n=35 years compounded monthly is given by
FV=A((1+i/12)^(12*n)-1)/(i/12)
=125.30(1+0.015/12)^(12*35)/(0.015/12)
=$69156.05
The annuity formula is given by
Payment = r(PV)/(1-(1+r)^(-n))
where
r=interest rate per period = 0.015/12
PV= $69156.05
n=20*12=240
so
Payment = (0.015/12)<span>69156.05/(1-(1+0.015/12)^(-240))
= $333.71 per month.</span>
Answer:
Obtuse
Step-by-step explanation:
Right = has angle measure of 90°
Acute = has angle measure less than 90°
Equilateral = 2 or more angles whose angle measures are congruent to others
Circle = measures 360°
<u>Obtuse = Angle measure greater than 90° and less than 180°</u>
Hope this helps!
8/5 = 20/x
8x = 20(5)
8x = 100
x = 12.5
answer
<span>length of its shorter side = 12.5 ft</span>