45.2k views
5 votes
Need help finishing problem 27.

Need help finishing problem 27.-example-1

1 Answer

3 votes
It looks as though the formula is right there.
Total = 1,000 * (1 +[.0925/12])^12*42
Total = 1,000 * (1.00770833333333)^504
Total = 1,000 *
47.9473276233
Total =
47,947.33





User Congusbongus
by
7.5k points

No related questions found