Answer:
its type hard to see ngl
Step-by-step explanation:
Depends where. Normally it whould cost 17,500.
Step-by-step explanation:
The answer is is the picture..
Answer:
69
Step-by-step explanation:
I just kept going up by 3 until the 20th term
Answer:
The explicit formula that can be used is
The account's balance at the beginning of year 3 is
Step-by-step explanation:
we know that
The compound interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
n is the number of times interest is compounded per year
in this problem we have
substitute in the formula above