i = .06/12 = .005
n = 12*45 = 540
evaluate:
150[ 1.005^540 - 1]/.005
= .....
A 20 year old college student starts a retirement savings account with a monthly
contribution of $150 at an APR of 6% (compounded monthly). What will be the
value of her retirement savings account after 45 years? Round your answer to the
nearest cent.
Someone help me out please!
2 answers
Imagine that you have the following credit card statement for the period ending 9-25-20. You credit card's APR is 24%.
Range Balance (purchases/payments #days
8/26 to 8/30 $3000 5
8/31 to 9/11 $3147.58 12
9/12 to 9/18 $3197.58 7
9/19 to 9/21 $3298.64 3
9/22 to 9/25 $3098.64 4
what is the average daily balance for 8/26 to 9/25 billing statements
What is the interest change on the 8/26 to 9/25 billing statement
What will be the new balance on the 9-35 billing statement
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Could you help me out on this question?
Range Balance (purchases/payments #days
8/26 to 8/30 $3000 5
8/31 to 9/11 $3147.58 12
9/12 to 9/18 $3197.58 7
9/19 to 9/21 $3298.64 3
9/22 to 9/25 $3098.64 4
what is the average daily balance for 8/26 to 9/25 billing statements
What is the interest change on the 8/26 to 9/25 billing statement
What will be the new balance on the 9-35 billing statement
Show all work
Could you help me out on this question?