Ask question

Ask question

All categories

3 years ago

14

Find the amount of the annuity.

1 answer:

Montano1993 [528]3 years ago

5 0

The formula of the future value of annuity ordinary is
Fv=pmt [(1+r/k)^(kn)-1)÷(r/k)]
Fv future value?
PMT payment 6200
r interest rate 0.06
K compounded semiannual 2
N time 5 years
Fv=6,200×(((1+0.06÷2)^(2×5)) ÷(0.06÷2))=277,742.72

Hope it helps

You might be interested in

2/3<br> 21 and 23 can best be described as<br> 4

stich3 [128]

Answer:

A) Vertical angles

<u>----------------------</u>

1 and 3 and 2 and 4 are vertically opposite angles or vertical angles, so option A is correct.

<u>-----------------------</u>

<u>hope it helps...</u>

<u>have a great day!!</u>

6 0

2 years ago

The mean weight 20 students in a room is 65 kg one student one student who weight is 88kg went into the room what is the new mea

umka2103 [35]

The new mean is 66.09

<u>Explanation:</u>

Mean weight of 20 students = 65kg

One student with 88kg entered the room.

New mean = ?

$\frac{x_1+x_2+....+x_2_0}{20} = 65$

$\frac{x_1+x_2+....+x_2_0 + 88}{21} = ?$

The above equation can further be written as:

$x_1 + x_2 +....+x_2_0 = 65 X 20\\\\x_1 + x_2 +....+x_2_0 = 1300$

New mean = $\frac{1300 + 88}{21}$

= 66.09

Therefore, the new mean is 66.09

6 0

2 years ago

0.92 repeating as a fraction<br> (0.9222222222222222222........)

Scrat [10]

Answer:

0.9222222222222222/1

Step-by-step explanation:

8 0

3 years ago

Bella has $540 to spend at a bicycle store for some new gear and biking outfits. Assume all prices listed include tax.

ASHA 777 [7]

Answer:

Bella spent 407.16 and has 132.84 left. she could buy like 2 outfits

Step-by-step explanation:

7 0

3 years ago

Write 2.2 as a mixed number.

Anna35 [415]

Answer:

I believe the answer is 2⅕

8 0

3 years ago