Answer:that’s a tough one
Step-by-step explanations just need some credit on brainly
The 38th term in the sequence is -51
Answer:
if the annual interest rate is 7%, then you need to invest:
present value = future value / (1 + i)ⁿ
- future value = $2,200,000
- i = 7%
- n = 28 years
present value = $2,200,000 / (1 + 7%)²⁸ = $330,884.87
if the interest rate is 15%, the you need to deposit a smaller amount:
present value = future value / (1 + i)ⁿ
- future value = $2,200,000
- i = 15%
- n = 28 years
present value = $2,200,000 / (1 + 15%)²⁸ = $43,942.34
They are all being multiplied by 4
Answer:
$240
Step-by-step explanation:
They spend 5% of their monthly income on transportation, so you want to work out 5% of 4800.
An easy trick with 5% is to divide by 10 (drop the ending 0) and then divide by 2. This would be 4800/10/2, or 480/2, which gives 240.
**This content involves using percentages which you may wish to revise.
