Mathematics, 08.01.2020 18:31 blakeley7785
Ireally need ! i cant figure these out.
what is the future value of the 10% savings from earnings of $1,470 if it earns 3.5% annual interest,
compounded monthly for 25 years?
use the compound interest formula to estimate the future value.
a = p (1+r/n)^nt
a.
$295.72
b.
$352.19
c.
$419.43
d.
$523.89
what is the future value of the 10% savings from earnings of $36,000 if it earns 6.25% annual interest, compounded quarterly for 15 years?
use the compound interest formula to estimate the future value.
a = p (1+r/n)^nt
a.
$912.65
b.
$9,126.53
c.
$1,825.31
d.
$18,253.31
justin contributes $208 each month to a savings account that earns 5% annual interest. calculate his annuity savings over the course of 25 years.
use
s = p ((1+r^n)-1/r)
a.
$9.927.23
b.
$65,520.00
c.
$62,660.00
d.
$123,866.02
Answers: 2
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Ireally need ! i cant figure these out.
what is the future value of the 10% savings from...
what is the future value of the 10% savings from...
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