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 #3
avatar+118723 
0
Aug 1, 2015
 #1
avatar+118723 
0
Aug 1, 2015
 #1
avatar+118723 
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Aug 1, 2015
 #6
avatar+118723 
+5

Yes, sorry Alan I did not realize that our answers were different. 

 

Alan is totally corect.

This is the formula for the the future value of an ordinary annuity.  This is where the money is put into the account at the END of the time period instead of at the beginning.

It is easy to adjust it for this question.  

Here we have $200 invested at the very beginning so we must ADD 200 plus the interest it will accrue for the whole 30 years  that will be    C(1+i)^n = 200*(1.0025^360)

but NO $200 is  invested at the very end SO we must subtract C = $200 at the end

so we get 

 

$$\\FV=\left[\frac{(1+i)^n-1}{i}\right]+C(1+i)^n-C\\\\
$If you rearrange this you will find that it is identical to Nauseated's formula.$\\\
FV=$my original answer$+C(1+i)^n-C\\\\
FV=116547.38+200(1.0025)^{360}-200\\\\$$

 

$${\mathtt{116\,547.38}}{\mathtt{\,\small\textbf+\,}}{\mathtt{200}}{\mathtt{\,\times\,}}{\left({\mathtt{1.002\: \!5}}\right)}^{\left({\mathtt{360}}\right)}{\mathtt{\,-\,}}{\mathtt{200}} = {\mathtt{116\,838.748\: \!442\: \!299\: \!145\: \!509\: \!1}}$$

 

FV = $ 116838.75  

This is identical to Alan's answer.  And Nauseated also agreed that it is correct.

 ------------------------------------------

Nauseated has gone one more step with this.

He has said:

"In practice, financial institutions use the “average daily balance” to calculate the interest on deposits."

Yes  this is correct  

 

Nauseated has then stated that:

"The result returns a value with limits between the two formulas. "

Yes I can see how this could possibly be justified..   but I would like Nauseated to justify/discuss this statement. :)

Aug 1, 2015
 #9
avatar+2973 
0

*pays 1,000 gold for the journey and attack at England

Location: London, England, 1945

lets start off with a few things I like to call Poison Spells

*drops 20 poison spells around the city, causing 2/5 of londons population to die from the poison spells, 1/3 of the 2/5 population being of the british Military, and the rest to the public

BOMBS AWAY!!!

*shoots 3 artilery at giant bombs so they go off and explode before sending in hog riders and risking them killed by the giant bombs

alright, lets send in the Anomaly Hog Riders And The WitchArd!

*sends 24 hog riders to attack the defenses on front, while sending in 12 wizards and 6 witches on the back doing the actual damage

*deploys Castle Rienforcements containing 2 more witches, 2 more wizards, and the Twin barbarians and pretty Archer

*fires 1 more artilery at 2 more giant bombs next to each other to not face risk of losing troops

*places Heal Spell on the Hog Riders so they can heal

*freezes inferno towers and wizard towers, one of the hog riders weaknesses

all wizard towers get destroyed and 1 inferno tower is down

*heals and rages hog riders to defeat the final inferno tower guarding the "Royal" Castle of London, where Churchill will be waiting

*british military tries to fight back, but the witch's and wizard's love is too strong to ever be destroyed

*advances to the castle

*sends in the Royal Heroes: Barbarian King and Archer Queen

*freezes Churchill, slays him, and then, the royals destroy the Castle, them

BOOM!!! all of england is destroyed, now under real Royal Control

*scottish army comes to invade us, this time with GoWiPe Your Eyes (Golems+Wizards+Pekkas)

*releases the stolen Shock launchers and Rocket Launchers, Boom Cannons, and Inferno Towers quickly kills all Golems

*all wizards deployed right away encounter a giant bomb, forgot to set it off before it explodes, giant bomb explodes and kills all wizards

*Spainish Army arrives with a LavaLoonIon Attack

*Pekkas from scottish military destroy the junk on the outside, allowing a Hidden tesla to pop up, zap the pekkas constantly and with damage, kills all 3 pekkas all of a sudden, tries to deploy royals and rienforcements, but fails by the inferno towers

*scottish army surrenders and now Scotland is Ours!

*Lava Hounds  quickly die and heroes right away die by the air defenses and the stolen Ottoman Empire Cannons

*Balloons and Minions slowly go down by the air sweeper and air defenses, air bomb triggers, kills all minions, does most damage to balloons, right away shot down from the Archer Towers stolen from Finland

*does not deploy rienforcements, spain surrenders

NOW ALL OF EURASIA IS OURS! NOW LETS GO AND INVADE THE ReST OF THE AMERICAS

*after many more successful attacks, only africa and australlia remain free from royal control

Operation Eurasia Over

Result: Success

Next Operation: Operation Africa

Next Continent Target: Africa (6th continent to attack)

Last Operation: Operation Australi-DOOM

Last Operation Target: Sydney, Australlia (your hometown, Melody)

Aug 1, 2015

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