First calculate the future value of the annuity
The formula to find the future value of an annuity ordinary is
Fv=pmt [((1+r/k)^(kn)-1)÷(r/k)]
Fv future value?
PMT quarterly payment 1500
R interest rate 0.12
K compounded quarterly 4
N time 4 years
Fv=1,500×(((1+0.12÷4)^(4×4)
−1)÷(0.12÷4))
=30,235.32
Now compare the amount of the annuity with amount of the gift
30,235.32−30,000=235.32
So as you can see the amount of the annuity is better than the amount of the gift by 235.32
Second offer is better
Hope it helps!
Answer:
Y = 2
Step-by-step explanation:
if you were looking for y's value
Y=21/7
Explanation
7(y/7)=7(3/17)
y=7(3/17)
Multiple
y=21/7
Answer:
40 cm.
Step-by-step explanation:
Given,
height of the object = 10 cm
Distance of the object from the X-ray= 50 cm
Distance of detector from the source = 2 m = 200 cm
Height of the image, h = ?
Now,
Again applying
h = 40 cm
Hence, height of the image is equal to 40 cm.
