Mathematics, 26.07.2019 18:10 kayla2945
Use the formula for the sum of a finite series and substitute p for the value of a, the monthly payment you just found. also, substitute 1 + i for the r value in the formula since the rate of increase is now 1 + the interest rate = i. now rewrite the formula with the substituted values in simplest form. that simplified formula will determine the future value of a structured savings plan with recurring deposits.
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Use the formula for the sum of a finite series and substitute p for the value of a, the monthly paym...
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