Mathematics, 19.10.2019 19:30 conner87
At the beginning of each year for 14 years, sherry kardell invested $400 that earns 10% annually. what is the future value of sherry's account in 14 years?
Answers: 3
![\bf \qquad \qquad \textit{Future Value of an ordinary annuity} \\\\ A=pymnt\left[ \cfrac{\left( 1+\frac{r}{n} \right)^{nt}-1}{\frac{r}{n}} \right] \\\\\\](/tpl/images/0335/1413/16477.png)
![\bf \begin{cases} A= \begin{array}{llll} \textit{original amount}\\ \textit{already compounded} \end{array} & \begin{array}{llll} \end{array}\\ pymnt=\textit{periodic payments}\to &400\\ r=rate\to 10\%\to \frac{10}{100}\to &0.1\\ n= \begin{array}{llll} \textit{times it compounds per year}\\ \textit{annually, so once} \end{array}\to &1\\ t=years\to &14 \end{cases} \\\\\\ A=400\left[ \cfrac{\left( 1+\frac{0.1}{1} \right)^{1\cdot 14}-1}{\frac{0.1}{1}} \right] ](/tpl/images/0335/1413/f06f5.png)
Another question on Mathematics
Mathematics, 21.06.2019 15:00
Δabc is reflected across line l to form δ alblcl, and a¯¯¯al¯¯¯¯ intersects line l at point d. which equation is not necessarily true?
Answers: 1
Mathematics, 21.06.2019 19:30
In need of in the diagram, ∠abc is a right angle. ∠dbc = 30°27'40". find the measure of ∠abd.
Answers: 1
Mathematics, 21.06.2019 22:00
State one method by which you can recognize a perfect square trinomial.
Answers: 1
Mathematics, 21.06.2019 23:30
The table shows the number of hours orlando spent at football practice last week. select the appropriate numbers below to complete the model to find the number of hours orlando spent practicing on tuesday and friday.
Answers: 2
You know the right answer?
At the beginning of each year for 14 years, sherry kardell invested $400 that earns 10% annually. wh...
Questions
Social Studies, 10.02.2020 22:28
Biology, 10.02.2020 22:28
Mathematics, 10.02.2020 22:28
Health, 10.02.2020 22:28
Mathematics, 10.02.2020 22:28
English, 10.02.2020 22:28
Computers and Technology, 10.02.2020 22:28
