Answer:
Formula: Future value of annuity
In 20 years: $249,875
Total Interest: $99,875
Step-by-step explanation:
Use the formula for future value:
FV =
P = $6,000
r = 0.04
n = 1
t = 25
FV =
FV = $249,875
To find the total interest earned, first find the total value of the deposit payments:
$6,000 annual payments for 25 years = 6,000 • 25
= $150,000
(I copied that explanation from somewhere else so its a little messed up. I just couldn't explain it properly. Hope this helps!)
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Answer:
x = 9/2
Step-by-step explanation:
Answer:
w || n and n ⊥ m
Step-by-step explanation:
To find out which statement is true, recall the following:
1. 2 lines are said to be parallel to each other if they do not intersect at any given point and are of the same distant apart. Parallel is denoted by ||
2. 2 lines are said to be perpendicular if both lines intersect at a right angle. It is denoted by ⊥
==>From the diagram given, we can see that w and n are of the same distant apart and they do not intersect at any given point.
Also, we can see that n and m intersect at point X to at right angle.
Therefore, we can conclude that w || n and n ⊥ m