You deposit $200 each year for 10 years into a sinking fund that pays 6% interest compounded annually what is the future value of your fund

FV= $2,636.16

Step-by-step explanation:

Giving the following information:

Annual deposit (A)= $200

Number of periods (i)= 10 years

Interest rate (i)= 6%

To calculate the future value, we need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {200*[(1.06^10) - 1]} / 0.06

FV= $2,636.16

the thermometer is precise but not accurate

step-by-step explanation:

geometry: triangles

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lessons

answers archive

call the larger triangle abc

then the smaller triangle cde is similar to abc (all angles are equal, aaa).  

ab is the side that is 36, and we wish to find de, the side corresponding to ab

area_cde = area_abc - area_cde --> area_abc / area_cde = 2

let x=length of de

ratio of areas = (ratio of sides)^2

+2+=+%2836%2fx%29%5e2+

+2+=+1296%2fx%5e2+

++x%5e2+=+1296%2f2+=+648+

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