Answer:
6 23.2 40.4 57.6 74.8 92
Step-by-step explanation:
92-6 = 86
86/5 spaces = 17.2 each
The formula for the future value A, given annual interest rate r, number of years t, and deposit amount P can be written as
... A = P(1 +r/12)((1+r/12)^(12t) -1)/(r/12)
Filling in the given numbers, you have
... A = 200(1+.0275/12)((1+.0275/12)^(12·39) -1)/(.0275/12) ≈ 167,868.30
The appropriate choice is $167,868.30.
_____
The formula is the one for the sum of a geometric series. It can be useful to consider the last deposit made as the first term of the series.
Answer:
6 1/2
Step-by-step explanation:
4x - 8 = 5
4x = 13
13/4 = 6 1/2
x = 6 1/2
Answer:
He can watch 8 movies
Step-by-step explanation:
100-40.66=59.34
6.71 x 8 = 53.68
therefore the most amount of movies he can watch is 8
