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

Amanda and Molly are selling wrapping paper for a school fundraiser. Customers can buy rolls of plain wrapping paper and rolls of shiny wrapping paper. Amanda s
how does the current through a wire change if the wires resistance is increased? Explain why this is so?
What is the answer ?
What would happen to our calendar if Earth revolves around the Sun about every 365 1/4 days?
resume of Trail of the Hide Huters Buffalo lying dead in snow, 1872
Sketch the graph of the function y = 3sin⁡(2x) - 1
what is the volume of the prism below?
Huw is paid a weekly wage.Every week he:saves 1/5 of his wage, spends 70% of the money he has left on his living expenses, spends all that remains on his social
Write the objective of Non-aligned Movement.​
why is it important to protect people whose rights have been violated ?