document.write( "Question 1186139: Formulas\r
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document.write( "Future Value of an Annuity:\r
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document.write( "F=R*[(1+i)^n-1] divided by 1\r
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document.write( "F equals R cross times fraction numerator left square bracket left parenthesis 1 plus i right parenthesis to the power of n minus 1 right square bracket over denominator i end fraction\r
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document.write( "Sinking Fund:\r
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document.write( "R=F*(i/[(1+i)^n-1])\r
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document.write( "R equals F cross times left parenthesis fraction numerator i over denominator left square bracket left parenthesis 1 plus i right parenthesis to the power of n minus 1 right square bracket end fraction right parenthesis\r
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document.write( "Where \r
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document.write( "F = future value of the annuity\r
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document.write( "R = periodic payment\r
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document.write( "i = r/k\r
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document.write( "n = t*k\r
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document.write( "If Bob deposits . . . how much money will he have in the account in 8 years? \r
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Algebra.Com's Answer #817006 by ikleyn(52781)![]() ![]() You can put this solution on YOUR website! .\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " Substitute the values into the formula and calculate.\r\n" ); document.write( " \n" ); document.write( "\n" ); document.write( " It is not a tutors' job to make calculations instead of you !\r\r |