Answer:
The amount that should be in the account after 15 years is $95,321.85
Step-by-step explanation:
According to the given data, we have the following:
monthly amount of $220=R
interest rate is fixed at 2.05%. We require the monthly ineterest rate, hence monthly interest rate= 2.05%/12=0.1708%=0.0017
t=15years×12=180 months
In order to calculate how much should be in the account after 15 years, we would have to use the following formula:
Ap=<u>R(1-(1+i)∧-t)</u>
i
Ap=<u>220(1-(1+0.0017)∧-180)</u>
0.0017
Ap=<u>162,04</u>
0.0017
Ap=$95,321.85
The amount that should be in the account after 15 years is $95,321.85
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Answer
M-12=-132
The less than moves the number to the back
Answer:
4 servings
Step-by-step explanation:
Yogurt in the container = 1 5/8 pounds
A serving = 3/8 pounds
how many servings of yogurt are in the container?
Servings in the yogurt container = total yogurt in the container / yogurt per servings
= 1 5/8 ÷ 3/8
= 13/8 × 8/3
= 13/3
= 4.33
To the nearest whole serving
= 4 servings
Answer:
See it in the pic.
Step-by-step explanation:
See it in the pic.