The saving plan balance is $3,677.53.
Given that,
- The no of months is 18.
- The annual percentage rate is 3% so the monthly rate percentage is 0.25%.
- And, the monthly payment is $200.
Based on the above information, the following formula should be used:
FVA = PMT× [(1+r)^n - 1] ÷ r
= $200 × [(1+ 0.0025)^18 - 1] ÷ 0.0025
= $3,677.53
Therefore we can conclude that the saving plan balance is $3,677.53.
Learn more: brainly.com/question/14191332
Answer:
Is it 2?
Step-by-step explanation:
Hello there.
Question: <span>A school principal wants to find out if his school needs more bike racks. a survey is taken of 30 students who ride their bikes to school. why might the sample be biased?
Answer: It might be biased as the survey was only taken of students who ride their bikes to school. It is most likely that they would agree to it. To make it fair they survey should have been taken of a variety of different students.
Hope This Helps You!
Good Luck Studying ^-^</span>
Answer:
red area = 7.74 in^2
Step-by-step explanation:
area of square = 6x6 = 36
radius = 1/2 diameter, radius = 3
area of circle = (3.14)(3^2) = 28.26
36-28.26 = 7.74
Answer:
Question1
1,000 tons
Question2
3:8
Question 3
Store D
Step-by-step explanation: