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MA_775_DIABLO [31]
2 years ago
9

you want 75,000 in your savings account 12 years from now and you are prepared to make equal annaul deposits into the account at

the end of the year. if the account pays 6.8 percent interest, what amount must you deposit each year
Mathematics
1 answer:
Tpy6a [65]2 years ago
5 0

Answer:

Annual deposit= $3,474.39

Explanation:

Giving the following information:

You want to have $60,000 in your savings account 12 years from now, and you’re prepared to make equal annual deposits into the account at the end of each year. The account pays 6.4 percent interest.

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= (60,000*0.064)/[(1.064^12)-1]= $3,474.39

plz mark brainly

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Answer:

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3 years ago
Can someone help me please?
Gwar [14]

Answer:

10.5 cm^2

Step-by-step explanation:

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ivann1987 [24]

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Step-by-step explanation:

5 0
2 years ago
Is -6.743743… a rational or irrational number?
yaroslaw [1]

It's rational because it contains a repeating digit pattern, 743 (first option).

In particular, if

<em>x</em> = -6.743743…,

then

1000<em>x</em> = -6,743.743743… .

Subtracting, we can eliminate the trailing end and solve for <em>x</em> exactly:

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999<em>x</em> = -6,737

<em>x</em> = -6,737/999

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