Mathematics, 11.02.2021 08:40 officialrogerfp3gf2s
Question 7 (4 points)
Carmen is planning to invest $200 in a retirement account at the end of each month for the next 20 years. The account is earning 3.15%
Interest, compounded annually. He used the following formula and variables to solve for the future value of the account after 20 years,
FVOA - C. (1+)*1
FVOA - Future Value of an Ordinary Annuity
C = 200
n=1
20
1 = 0.0315
He found that the future value of this account will be 55456.83. Is Carmen's solution correct? If not, explain what he did wrong and provide the
correct solution (4 points)
Answers: 2
Mathematics, 20.06.2019 18:04
Abaker has 5 1/4 pies in her shop. she cut the pies in pieces that are each 1/8 of a whole pie. how many pieces of pie does she have?
Answers: 2
Mathematics, 21.06.2019 18:30
The table shows the relationship between the number of cups of cereal and the number of cups of raisins in a cereal bar recipe: number of cups of cereal number of cups of raisins 8 2 12 3 16 4 molly plotted an equivalent ratio as shown on the grid below: a graph is shown. the title of the graph is cereal bars. the horizontal axis label is cereal in cups. the x-axis values are 0, 20, 40, 60, 80,100. the vertical axis label is raisins in cups. the y-axis values are 0, 10, 20, 30, 40, 50. a point is plotted on the ordered pair 40,20. which of these explains why the point molly plotted is incorrect? (a) if the number of cups of cereal is 40, then the number of cups of raisins will be10. (b)if the number of cups of raisins is 40, then the number of cups of cereal will be10. (c) if the number of cups of cereal is 40, then the number of cups of raisins will be 80. (d) if the number of cups of raisins is 40, then the number of cups of cereal will be 80.
Answers: 1
Mathematics, 21.06.2019 22:30
What is the common difference for this arithmetic sequence? -6,-2,2,6,10 a.4 b.5 c.3 d.6
Answers: 1
Question 7 (4 points)
Carmen is planning to invest $200 in a retirement account at the end of each...
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