Which formula can be used to estimate the accumulated amount in a fund earning 8.5% interest at the end of 10 years, if $125 is deposited each year starting in 2021? Use the correct formula from below...


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Which formula can be used to estimate the accumulated amount in a fund earning 8.5% interest at the end<br>of 10 years, if $125 is deposited each year starting in 2021? Use the correct formula from below and find<br>the value.<br>F = P(1+i)

Extracted text: Which formula can be used to estimate the accumulated amount in a fund earning 8.5% interest at the end of 10 years, if $125 is deposited each year starting in 2021? Use the correct formula from below and find the value. F = P(1+i)" P = A[(1+i)"-1]/[i(1+i)"] F = A([(1+i)"-1]/i)

Jun 03, 2022
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