Exemplar Part A · Exemplar Part A t = 1: V 5,000(1.03) 5,1501 t = 2: V 5,000(1.03) 5,304.502 t =...
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Exemplar Part A t = 1: 1 5,000(1.03) 5,150 V t = 2: 2 5,000(1.03) 5,304.50 V t = 3: 3 5,000(1.03) 5,463.64 V t = 4: 4 5,000(1.03) 5,627.54 V Part B 1 0 1.03 1.03(5,000) 5,150 V V 2 1 1.03 1.03(5,150) 5,304.50 V V 3 2 1.03 1.03(5,304.50) 5,463.64 V V 4 3 1.03 1.03(5,463.64) 5,627.55 V V The slight difference in total values results from rounding to hundredths place (cents) before the next computation is done.
Transcript of Exemplar Part A · Exemplar Part A t = 1: V 5,000(1.03) 5,1501 t = 2: V 5,000(1.03) 5,304.502 t =...
ExemplarPart A
t = 1: 15,000(1.03) 5,150V � �
t = 2: 25,000(1.03) 5,304.50V � �
t = 3: 35,000(1.03) 5,463.64V � �
t = 4: 45,000(1.03) 5,627.54V � �
Part B
1 01.03 1.03(5,000) 5,150V V� � �
2 11.03 1.03(5,150) 5,304.50V V� � �
3 21.03 1.03(5,304.50) 5,463.64V V� � �
4 31.03 1.03(5,463.64) 5,627.55V V� � �
The slight difference in total values results from rounding to hundredths place (cents) before the next computation is done.