Your monthly deposit of $0.00 for 6 years with an interest rate of 12.05% compounded Annually
with an initial starting balance of $1,000.00<span>Balance after 6 years with annual interest of 12.05% $1,979.12
7 years- 2,217.60$
12 years- 3,916.90</span><span>
</span><span>
</span>
Answer:-15 13/15
Step-by-step explanation:2 4/5× -5 2/3=14/5 ×-17/3=-238/15
Answer :We see three key obstacles to the economic advancement of micro-entrepreneurs: 1. They lack basic business skills. The management practices of most micro-entrepreneurs are a world away from those taught at leading business schools. They continue to use the set of practices they have seen and used for generations, even though demonstrably better options exis
Answer:
Future value is $1543.12
Step-by-step explanation:
From the question, present value = $200, rate = 10%, years = 6.
So that future value of ordinary annuity can be calculated by,
FV =
where: FV is the future value, A is the annuity, r is the rate, and n is the number of years.
FV =
=
=
=
FV = $1543.122
The future value of the ordinary annuity is $1543.12.
Answer:
The plan that will play the computer faster is Plan A $180 down $60/wk payments
Step-by-step explanation:
Hi
Plan A.
As the computer has a value of $840 and Naomi pays $180 initially, she has a balance of $660, so .
Plan b.
As the computer has a value of $840 and Naomi pays $0 initially, she has a balance of $840, so .
Hence, Plan B delays 1 week more than Plan A, so if Naomi chooses plan A will pay the computer Faster.