Answer:
FV= $123,879.85
Step-by-step explanation:
Giving the following information:
Montlhy deposit (A)= $100
Monthly interest rate (i)= 0.09/12= 0.0075
Number of periods (n)= 12*26= 312 months
<u>To calculate the future value, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit
FV= {100*[(1.0075^312) - 1]} / 0.0075
FV= $123,879.85
The answer is A hope this helped
Rent for 6 hours = 21
rent for a hour = 21/6
= $3.5
Answer:
19,14
Step-by-step explanation:
x=5+y
x+ y= 33
we will solve using substitution
(5+y) +y= 33
5+y+y=33
5+2y=33
subtract 5 from both sides
2y=28
y=14
We got y now we will find what x is
for this, we will substitute y's value (14) into the first equation
x=5+(14)
x=19
we got x too