Suppose you invest, every month, in an annuity that pays 3% interest, compounded monthly. After 25 years, you have $550,000. How much money do you earn from interest? Round your answer to the nearest hundred dollars. Do NOT round until you have calculated the final answer.
1 answer:
Answer:
180100
Step-by-step explanation:
Use savings annuity formula
Substitute A(25) = $550,000 , R= 0.03 and N=12 simplify and solve for D.
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Answer:
9 lbs and 6 Oz
Step-by-step explanation:
10 + 12= 22
5+3= 8
1 lbs=16 oz
22-16=6
5+3+1=9
6 oz is left over
Hope this helps :)
If you are multiplying 16 times 2 then 32 would be your answer. If you are subtracted your answer would be 14. If you are adding them your answer would be 18. I don’t really see what sign is being used.
We can use the distance formula to find the distance between these points.
Distance formula:
√(-5 - 6)² + (-3 - (-3))²
√121 = 11
The difference between the points is 11.
Answer:
A.6,0,1,4
Step-by-step explanation:
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