Question: please help no one here can get these right and I dont understand the concept!!! heres the formulas. please help!! a. Use the appropriate formula
please help no one here can get these right and I dont understand the concept!!!
heres the formulas. please help!! a. Use the appropriate formula to determine the periodic deposit b. How much of the financial goal comes from deposits and how much comes from interest? Periodic Deposit Rate Time Financial Goal S? at the end of each month 6.5% compounded monthly 13 years $190.000 * Click the icon to view some finance formulas. a. The periodic deposit is $ (Do not round until the final answer. Then round up to the nearest dollar as needed.) mine the periodic deposit. es from deposits and how much comes from interest? Time 13 years Financial Goal $190,000 compounded monthly ce formulas x 0 Formulas In the provided formulas, P is the deposit made at the end of each compounding period, r is the annual interest rate of the annuity in decimal form, n is the number of compounding periods per year, and A is the value of the annuity after t years. A A- P[{1+29-1] obat A= nt Print Done er box and then click CheckAnswer Clear All 1 - 43 of 43
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