Answer:
$501,049.37
Step-by-step explanation:
For computing the amount after 22 years we need to applied the future value which is shown in the attachment below:
Given that
PMT = $9,000
NPER = 22 years
Annual rate = 0.078
Quarterly= 0.078 ÷ 4 = 0.0195
Effective annual rate = (1.0195^4) - 1 = 0.0803113041
Now applied the formula which is given below
= -FV(RATE;NPER;PMT;PV)
After applying the above formula, the future value is $501,049.37
Answer:
a)5
b)17
c) ?

Step-by-step explanation:
Evaluate (2 a + b)^2/(3 b - 1) where a = -2 and b = 5:
(2 a + b)^2/(3 b - 1) = (5 - 2×2)^2/(3×5 - 1)
3×5 = 15:
(5 - 2×2)^2/(15 - 1)
| 1 | 5
- | | 1
| 1 | 4:
(5 - 2×2)^2/14
2 (-2) = -4:
(-4 + 5)^2/14
5 - 4 = 1:
1^2/14
1^2 = 1:
Answer: 1/14
Making a list helps organize the information in a word problem that can otherwise be overwhelming and confusing. Making lists put out a straightforward guide and help you break down the problem so you really understand what you need to do.
Word problem:
Maya has $55 and she gives her brother $10. She also gives her friend $15 and her sister $5. Her sister pays her back fully but her brother only pays back half of what he owed, promising to pay her back later. Her friend gives back 1/3 of what she owed, also promising to pay her back as soon as she can. How much money does Maya currently have?
In this problem, you have to process the money transactions and making a list will help you go step by step.