133.857142857 I’m not completely sure
Answer:
$976,578.71
Step-by-step explanation:
We assume the deposits are made at the <em>beginning</em> of each quarter. The quarterly interest rate is 6%/4 = 1.5%. The number of quarterly payments is 15×4 = 60. The future value of an annuity due is ...
A = P(1+r)((1+r)^n -1)/r
where r is the quarterly interest rate, n is the number of payments, and P is the payment amount.
A = $10000(1.015)(1.015^60 -1)/.015 ≈ $976,578.71
The future value is $976,578.71.
1. Plug in -3 for a
14-(-3)^2
14-9
5
Final answer: 5
2. 15 more than r=15+r (notice the keyword more) equals 61
Final answer: r+15=61
