Ask
your own question, for FREE!
Mathematics
18 Online
Solve using the formula for the future value of an ordinary annuity. Starting in January, you make monthly payments at the end of each month into an account paying the specified yearly interest rate. Interest is compounded monthly. How much will you have available at the specified date? Do not round until the final answer. Then, round to the nearest cent. Monthly payment, $225; yearly interest rate, 10%; date, September 1. Please explain this because the formula I have isn't working.. 225 (1+.010/6) ^(12x6/12) / .010/6
Can't find your answer?
Make a FREE account and ask your own questions, OR help others and earn volunteer hours!
Join our real-time social learning platform and learn together with your friends!
Join our real-time social learning platform and learn together with your friends!
Latest Questions
Bounty:
guys I'm losing all my motivation for school work how can I motivate myself to stop being lazy because even while I'm being on my work it still piles up and
albert14ring:
Can you give me suggestions on the fastest and most organized way to be ready early in the morning to go to school without any confusion or delay? The impor
Twaylor:
how to make good breakfast food ingredients : 1 mother flat bread bananas peanut
lovelove1700:
u00bfA quu00e9 hora es tu clase?Fill in the blanks Activity unlimited attempts left Completa.
glomore600:
find someone says that that one person your talking to doesn't really like you should I take their advice and leave or should I ask the person i'm talking t
Addif9911:
Him I dimmed the light that once felt mine, a glow I never meant to lose. I over-read the shadows, let voices crowd the room where only two hearts shouldu20
EdwinJsHispanic:
Poem to my mom who proved my point "You proved my point, I am a failure. but I kinda wish, you were my savior.
1 minute ago
0 Replies
0 Medals
4 hours ago
8 Replies
0 Medals
6 hours ago
0 Replies
0 Medals
5 hours ago
2 Replies
0 Medals
1 day ago
5 Replies
0 Medals
2 days ago
4 Replies
0 Medals
2 days ago
6 Replies
2 Medals