bairdthedragonslayer bairdthedragonslayer
  • 24-05-2022
  • Mathematics
contestada

Use the simple interest formula method to calculate the future value of an annuity with annual annuity payments of $1200 at 4% interest for 20 years.​

Respuesta :

agape92
agape92 agape92
  • 24-05-2022

Answer:

Step-by-step explanation:

A = $2,629.35
A = P + I where
P (principal) = $1,200.00
I (interest) = $1,429.35

Answer Link

Otras preguntas

What is the latitude longitude of the Antarctic circle
Explain the difference between b divided by 10 and b divided into 10
A ream of paper contains 500 sheets of paper. Norm has 373 sheets of a real=m. Express a portion of a ream Norm has a fraction and as a decimal.
What number am I? When you divide me by 5 the remainder is 4. I have two digits. Both digits are odd. The sum of my digits is 10.
How do government policies affect free market economies such as the U.S economy?Please explain like this :  Government policies affect free market economies suc
Find the distance and displacement for this question. Jamie spins around 5times without moving any direction
I can somebody help me with this problem and explained with steps 17=12(x+2)+2x
How can you use the distributive property to write an equivalent expression for 2l+2w? explain.
estimate:                     1,374x       6please help me
what factors enabled the united states to become a major industrial power? including gains from trade