tra80
09.10.2019 •
Mathematics
Calculate the final amount of a 20-year, long term savings plan if a payment of $2000 is made at the end of every year. interest is 8.5% compounded annually.
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Ответ:
The formula of the future value of annuity ordinary is
Fv=pmt [(1+r)^(n)-1)÷r]
Fv future value?
PMT payment per year 2000
R interest rate 0.085
N time 20 years
Fv=2,000×(((1+0.085)^(20)−1)
÷(0.085))=96,754.03
Hope it helps
Ответ:
25
Step-by-step explanation:
Price of shirt x .80(100-20% discount)=20
price of shirt =20/.80
price of shirt = 25