Subtract the like terms:
6x^2 - 2x^2 = 4x^2
3x - -4x = 3x+4x = 7x
1 - 5 = -4
Now combine them to get the final answer:
4x^2 + 7x - 4
The present value of an ordinary annuity has payments of $19157.64 per year for 24 years at 12.34% compounded quarterly is $587394.59 and this can be determined by using the formula of an ordinary annuity.
Given :
- Annuity Payment = $19157.64
- Time period = 24 years
- Interest rate per annum = 12.34%
- Compounded quaterly.
The formula of an ordinary annuity is given below:
where P is the present value, 'n' is the number of times periods, r is the interest rate, and PMT is each Annuity payment.
Now, substitute the values of PMT, n, and r in the above equation.
P = 587394.59
Therefore, the correct option is C).
For more information, refer to the link given below:
brainly.com/question/14295570
Answer:
3rd
Step-by-step explanation:
MARK AS BRAINLEST!!
Answer:
$2.71
Step-by-step explanation:
19 ÷ 7 = 2.71
Answer:
2 thank for the point.
Step-by-step explanation: