Answer:
Future Value= $17,170.12
Step-by-step explanation:
Giving the following information:
Monthly deposit (A)= $70
Interest rate (i)= 0.04/12= 0.0033
Number of periods (n)= 15*12= 180 months
<u>To calculate the future value (amount saved), we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit
FV= {70*[(1.0033^180) - 1]} / 0.0033
FV= $17,170.12
Answer:
Example any whole number over one would be an improper fraction, so 2=2/1, something like 5/3=1 2/3 would be a mixed number, subtract the numerator by the denominator, how ever many times you can subtract is the whole number and the amount remaining is the numerator, keep the same denominator,,, hope that makes sense
Step-by-step explanation:
12) the product of ⅛ and a number
also the quotient of a number and y
16). the quotient of the fourth power of a number and 9
45 is exactly half of 90
that means 45 is 50% of 90.
Answer:
-2.65
Step-by-step explanation:
-1.2 - 1.45 = -2.65
you could just simplify fraction into decimal and use calculator
