(a+b+1) (b+1) geometric representation

ABC Insurance offers an annuity with 4.5% APR for the next 5 years. You decide to invest $1000 each year into this account. What

kipiarov [429]

Answer:

Ordinary annuity

Step-by-step explanation:

Given : ABC Insurance offers an annuity with 4.5% APR for the next 5 years. You decide to invest $1000 each year into this account.

To find : What type of annuity is this?

Solution :

Annuity is the form of insurance in which some of the money is paid each year to secure for future.

There are two types of annuity:

Ordinary annuity - In this annuity the payment is made at the end of each period over a fixed length of time. Also in this annuity payments are made monthly, quarterly, semi-annually or annually.

Annuity due - is the opposite of ordinary annuity as in this the payment is made at the beginning of each period.

In the given situation the annuity is ordinary annuity because the investment is done each year for 5 years.

7 0

3 years ago

Read 2 more answers

A case of water costs $3.80. If Safeway marks up the price 10%, what is the new price of the

anyanavicka [17]

Answer:

$4.18

Step-by-step explanation:

You take $3.80 and multiply by it .1 (turn 10% into a decimal by moving the decimal to the right two places).

This gives you .38

Then you add .38 to $3.80 which gives you $4.18.

5 0

3 years ago

What happens when the ordered pair (x,y) moves to the right?

UNO [17]

Question is unclear

4 0

3 years ago

Please help with this, thank you!

dezoksy [38]

Step-by-step explanation:

$\sqrt{1.8 \times \sin(46 ) \div 7.8 {}^{2} } - 50.8 \\ \sqrt{1.8} \times 0.72 \div 60.84 - 50.8 \\ \sqrt{1.29 \div 10.04 } \\ \sqrt{0.128 } \\ 0.358$

8 0

3 years ago

HELP!

Contact [7]

This is about changing subject of formula.

1) Option D

2) Option B

3) Option C

4) Option C

5) Option B

1) $\frac{2}{3}$ x = 10

To solve for x, we need to first multiply both sides by the inverse of the coefficient of x since it is a fraction.

This means we multiply both sides by $\frac{3}{2}$ .

Option D is correct

2) We are given the equation;

d = 27.2 - 9.8t

where;

d represents the number of miles she is from home

t represents the number of hours she rides

We are told that she is now 27.2 miles from home.

Since she rides at an average of 9.8 mph, then formula for time is;

t = distance/speed = 27.2/9.8

t = 2.7755

To the nearest hundredth gives;

t = 2.78 hours

Option B is correct

3) S = 145t + 85.

t represents months you have saved

This means that the coefficient of t is the amount you saved monthly = $145

And 85 is the amount you started with.

Option C is correct

4) From question 3 above, S represents the total amount saved after t months.

Thus, if you have saved $810 after t months, then;

145t + 85 = 810

145t = 810 - 85

145t = 725

t = 725/145

t = 5 months

Option C is correct

5) first shirt costs $35 and subsequent ones cost $11.

If the number you can buy is x and max amount to spend is $250, then;

35 + 11x $\leq$ 250

11x $\leq$ 250 - 35

11x $\leq$ 215

x $\leq$ 215/11

x $\leq$ 19.55

There is no decimal shirt and so we pick 19 shirts which is option B

Read more here; brainly.com/question/24657829

3 0

2 years ago