Like us for free solutions*

TutorTeddy.com, Tutoring, Dallas, TX
Welcome to TutorTeddy.com

Statistics Help

Question: If a person spends $10 a week on coffee (assume $500 a year), what would be the future value of that amount over 10 years if the funds were deposited in an account earning 4 percent? Use Exhibit 1-B. (Round time value factors to 3 decimal places and final answer to the nearest dollar amount. Omit the   Edit

Answer: The future value of funds is $6,003.05
  Edit


TutorTeddy.com & Boston Predictive Analytics

[ Email your Statistics or Math problems to help@teddycan.com (camera phone photos are OK) ]


Boston Office (Near MIT/Kendall 'T'):
Cambridge Innovation Center,
One Broadway, 14th Floor,
Cambridge, MA 02142,
Phone: 617-395-8864


Dallas Office (Near Galleria):
15950 Dallas Parkway,
Suite 400,
Dallas, TX 75248,
Phone: 866-930-6363