Answer:
sorry I didn't know what to do in this question
I am really sorry
-16w-26+9w=-61
-16w+9w=-61+26
-7w=-35
w=5
Answer:
$9486.68
Step-by-step explanation:
The future value of a annuity formula can be used:
FV = P((1+r)^n -1)/r
750000 = P(1.06^30 -1)/0.06
P = 750000(.06)/(1.06^30 -1) = 9486.68
Adam has to contribute $9,486.68 each year to reach his goal.
The value after 14 year is 8750 dollar
