Answer:
The expression 1.02^(4+n) can be used because 1.02^4 * 1.02^2= 1.02^(4+n) AND this is option C.
Step-by-step explanation:
For 4 + N years = (1 + 2/100)^(4+N)
= 1.02 ^ (4+N)
Remember, that the number of years is increased by N and interest rate remain the same, and n is years, and which is now 4+ N.
Answer:
<em>g(x) = </em><em> - 3 </em>
Step-by-step explanation:
<em>g(x) = </em><em> - 3 </em>
Her brother is 8: 8 x 2 is 16, and 16 + 8= 24.
Hi there
The formula of the future value of annuity ordinary is
Fv=pmt [(1+r/k)^(kn)-1)÷(r/k)]
Fv future value?
PMT monthly payment 608
R interest rate 0.06
K compounded monthly 12
N time 6years
So
Fv=608×(((1+0.06÷12)^(12×6)
−1)÷(0.06÷12))
=52,536.58...answer
Good luck!