Conner opens a new savings account and decides to deposits $100 on the first day of each month into the account which earns 1.0% interest each month. how much is in the account to the nearest dollar, right after conner makes his last deposit on the first day of the sixth year (the 61st month)?

Given:

monthly deposit, A=100

rate of interest, i = 1% per month = 0.01 per period

compounding period = 1 month (assumed).

Total payments :

n=60 payments of $100 at the end of the month (beginning of the next month) +

1 payment at the beginning of the first month.

Future value after 60 months

= amount due to 60 monthly payments at end of month + value of first payment

= A((1+i)^n-1)/i  + A*(1+i)^60

=100(1.01^60-1) + 100(1.01^60)

= 8166.967 + 181.670

= 8348.64 (to the nearest cent)

when rotating a figure 180 degrees, imagine that you are able to take the figure and turn it clockwise or counterclockwise around a center point. to rotate a figure 180 degrees, you will need to apply the rule (x, y) → (-x, -y). start by using a coordinate grid with coordinates for each vertex of the figure. the center point of the coordinate grid is located at (0, 0), which is what you will rotate the figure around. write down the original coordinates of the shape you are going to rotate. then, apply the rule. for example, coordinate (1, 2) becomes (-1, -2). another example would be, coordinate (-4, -2) becoming (4, 2). after you change each original coordinate to the rotated coordinate, you will draw your new figure.

step-by-step explanation:

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step-by-step explanation: