You invest $15,000 in a retirement plan. the plan is expected to have an
annual return of 9%. write a rule for the amount of money a(n) available in the plan at
the beginning of the nth year. what is the balance of the account at the
beginning of the 25th year?

this involves finding sums of geometric series !

for future students the answer is b

hope i

-lavira: )

the answer is

d.

5.3066 m2

step-by-step explanation:

a. (14,375+570)(5.3) b. 158,417$

step-by-step explanation:

a. you are basically just setting up the equation. f= amount of debt hence 14,375. g= how much she is borrowing from her parents weekly hence 570 and t= the interest on her debt. creating the equation.

b.   14,375+570= 14,945

      14,945 x 5.3 = 79,208.5

      79,208.5 x 2(years) = 158,417(answer)