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mariomintchev
 2 years ago
I need help with this INTEREST question
mariomintchev
 2 years ago
I need help with this INTEREST question

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mariomintchev
 2 years ago
Best ResponseYou've already chosen the best response.0Here's the annuity formula: A=R*( (1+i)^n  1 ) / (i)

mariomintchev
 2 years ago
Best ResponseYou've already chosen the best response.0@jhonyy9 @jim_thompson5910 @karatechopper @Mertsj @TuringTest @UnkleRhaukus

mariomintchev
 2 years ago
Best ResponseYou've already chosen the best response.0im confused about what im supposed to do

Best_Mathematician
 2 years ago
Best ResponseYou've already chosen the best response.0not everyone have ms office

mariomintchev
 2 years ago
Best ResponseYou've already chosen the best response.0@saifoo.khan @luis

satellite73
 2 years ago
Best ResponseYou've already chosen the best response.1isn't this just a multiplication problem?

satellite73
 2 years ago
Best ResponseYou've already chosen the best response.1\[644.30\times 12\times 25\] is the total you pay

mariomintchev
 2 years ago
Best ResponseYou've already chosen the best response.0i dont know ive been trying to figure it out. i did try multiplying the payments by the years but that wasnt right.

mariomintchev
 2 years ago
Best ResponseYou've already chosen the best response.0ok that's right. i was multiplying bu just the years instead of years times frequency of payments

mariomintchev
 2 years ago
Best ResponseYou've already chosen the best response.0why isnt the 2nd blank 155811.6?

satellite73
 2 years ago
Best ResponseYou've already chosen the best response.1dunno i didn't compute

satellite73
 2 years ago
Best ResponseYou've already chosen the best response.1\[644.30\times 12\times 25865.62\times 12\times 25\]

mariomintchev
 2 years ago
Best ResponseYou've already chosen the best response.0it wanted me to get that answer and then subtract it from the previous to get the difference

satellite73
 2 years ago
Best ResponseYou've already chosen the best response.1\[644.30\times 12\times 25865.62\times 12\times 15\]

mariomintchev
 2 years ago
Best ResponseYou've already chosen the best response.0can you help with this one too please?

satellite73
 2 years ago
Best ResponseYou've already chosen the best response.1i would if i could, but i have absolutely no idea

satellite73
 2 years ago
Best ResponseYou've already chosen the best response.1there is some formula for this that you derive by summing a geometric series, but i don't know it. maybe it is in your book?

mariomintchev
 2 years ago
Best ResponseYou've already chosen the best response.0dont have the book. lol i have the annuity formula along with the compounding interest and simple interest formulas

satellite73
 2 years ago
Best ResponseYou've already chosen the best response.1i guess this requires the annuity formula, because you are investing every month (or year)

mariomintchev
 2 years ago
Best ResponseYou've already chosen the best response.0yeah thats what i used... i dont really understand the 2nd half of the question though....

mariomintchev
 2 years ago
Best ResponseYou've already chosen the best response.0the invest up to 2,900 part

satellite73
 2 years ago
Best ResponseYou've already chosen the best response.1use the formula for yearly at 2,900 per year

satellite73
 2 years ago
Best ResponseYou've already chosen the best response.1i don't know it, so i can't do it

mariomintchev
 2 years ago
Best ResponseYou've already chosen the best response.0or maybe i use the compound formula: A=P(1+ r/n)^nt
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