Length of AC is 5 I hope this helps I can’t think right right now so bare with me
Answer:
10
Step-by-step explanation:
She already has 75 points. 140-75 is 65. 65/6.5 is 10.
You practically answered this one yourself by giving some of the equation we need already filled in. It would look like this: A(t)=500(1.04)^7. Start by taking 1.04 to the power of 7 to get A(t)=500(1.3159). Finish by multiplying to get
A(t)=$657.97
Answer: $59313.58
Step-by-step explanation:
We know that formula we use to find the accumulated amount of the annuity ( ordinary annuity interest is compounded ) is given by :-
, where A is the annuity payment deposit, r is annual interest rate , t is time in years and n is number of periods.
Given : Annuity payment deposit :A= $4500
rate of interest :r= 6%=0.06
No. of periods : m= 1 [∵ its annual]
Time : t= 10 years
Now we get,

∴ the accumulated amount of the annuity= $59313.58