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Nitella [24]
3 years ago
14

Find the future value of the annuity due for $200 deposited at the beginning of each quarter for 12 years at 7% compounded quart

erly.
Mathematics
1 answer:
dimulka [17.4K]3 years ago
4 0
200*(107%)^x

x is the number of quarters that passed.
each year has 4 quarters, so 12 yaers would have: 12*4 = 48 quarters

200*(107%)^48 = 5146
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Answer:

The rug should be 15 ft wide and 28 ft long.

Step-by-step explanation:

I have attached a figure that represents the situation.

The the rug is l by h, the width of the strip of floor is w.

We are told that Cynthia can only afford 420 square feet of carpeting; therefore, it must be that

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From the figure we see that

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Therefore,

l*h=420\\\\(32-2w)(19-2w)=420

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using the quadratic equation we get two solutions:

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since the second solution, namely w=23.5, is larger than one of the dimensions of the room (is greater than 19 ft) it cannot be the width of the strip; therefore, we take w=2 to be our solution.

Now we find the dimensions of the rug:

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3 years ago
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Step-by-step explanation:

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Step-by-step explanation:

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Step-by-step explanation:

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