Mathematics, 06.11.2019 22:31 sincere21
Suppose you invest $50 a month in an annuity that earns 4.8% apr compounded monthly. how much money will you have in this account after 10 years?
Answers: 3
![\bf \qquad \qquad \textit{Future Value of an ordinary annuity} \\\\ A=d\left[ \cfrac{\left( 1+\frac{r}{n} \right)^{nt}-1}{\frac{r}{n}} \right] \\\\\\ \qquad \begin{cases} A= \begin{array}{llll} \textit{compounded amount} \end{array} \begin{array}{llll} \end{array}\\ d=\textit{periodic deposits}\to &50\\ r=rate\to 4.8\%\to \frac{4.8}{100}\to &0.048\\ n= \begin{array}{llll} \textit{times it compounds per year}\\ \textit{monthly, thus 12} \end{array}\to &12\\ t=years\to &10 \end{cases}](/tpl/images/0362/6956/ee2a2.png)
, where,
Another question on Mathematics
Mathematics, 21.06.2019 21:30
50 people men and women were asked if they watched at least one sport on tv. 20 of the people surveyed are women, but only 9 of them watch at least one sport on tv. 16 of the men watch at least one sport on tv. make a a two-way table and a relative frequency table to represent the data.
Answers: 3
Mathematics, 21.06.2019 22:00
Which sum or difference identity would you use to verify that cos (180° - q) = -cos q? a.) sin (a -b) = sin a cos b – cos a sin b b.) cos (a -b) = cos a cos b – sin a sin b c.) cos (a -b) = cos a cosb + sin a sin b d.) sin (a + b) = sin a cos b + cos a sin b
Answers: 1
Mathematics, 22.06.2019 03:30
Assume that adults have iq scores that are normally distributed with a mean of mu equals 100 and a standard deviation sigma equals 20. find the probability that a randomly selected adult has an iq less than 132. the probability that a randomly selected adult has an iq less than 132 is?
Answers: 1
You know the right answer?
Suppose you invest $50 a month in an annuity that earns 4.8% apr compounded monthly. how much money...
Questions
Mathematics, 10.09.2020 03:01
English, 10.09.2020 03:01
Mathematics, 10.09.2020 03:01
Health, 10.09.2020 03:01
Mathematics, 10.09.2020 03:01
English, 10.09.2020 03:01
Chemistry, 10.09.2020 03:01
