Suppose you invest $50 a month in an annuity that earns 48% APR compounded monthly. How much money will you have in this account after 2 years?
A: 2001.29
B: 751.29
C: 1954.13
D: 1536.19
Solution:
use formula P[((1+(r/n)^(nt))-1)/(r/n)]
Solution 50[((1+(0.48/12)^(2 x 12))-1)/(0.48/12)]
= C $1954.13

Cass decided to sell game programs for the hockey game. the printing cost was over 20 cents per program with a selling price of 50 cents each. cass sold all but 50 of the programs, and made a profit of $65. how many programs were printed? letting p represent the number of programs printed, set up an equation that describes this situation. then solve your equation for p.

Which statement shows that 6.24 is a rational number? a. 6.24 = 6.242424 b. 6.24 = 6.24 c. 6.24 = 68⁄33 d. 6.24 = 66⁄25

Solve for x where 0 equation: cot^2x+2cotx+1=0