You put $399 per month in an investment plan that pays an APR of 6%. How much money will you have after 15 years? Compare this amount to the total amount of deposits made over the time period. A) $116,036.67; The difference between amounts is $44,216.67 B) $98,631.17; The difference between amounts is $44,216.67 C) $115,949.20; The difference between amounts is $56,099.20 D) $116,124.29; The difference between amounts is $26,349.29
Equations and Inequations
Equations and inequalities describe the relationship between two mathematical expressions.
Linear Functions
A linear function can just be a constant, or it can be the constant multiplied with the variable like x or y. If the variables are of the form, x2, x1/2 or y2 it is not linear. The exponent over the variables should always be 1.
You put $399 per month in an investment plan that pays an APR of 6%. How much money will you have after 15 years? Compare this amount to the total amount of deposits made over the time
period.
A) $116,036.67; The difference between amounts is $44,216.67
B) $98,631.17; The difference between amounts is $44,216.67
C) $115,949.20; The difference between amounts is $56,099.20
D) $116,124.29; The difference between amounts is $26,349.29
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