I’m pretty sure you just solve exactly like that
-7(-2)-1 =13 at least I’m told that \_( •-• )_/
The amount she should invest today in the annuity is $455,450.40.
<h3>How much should be invested today?</h3>
The first step is to determine the future value of the monthly annuity.
Future value = monthly payment x annuity factor
Annuity factor = {[(1+r)^n] - 1} / r
Where:
- r = interest rate = 3.6/12 = 0.3%
- n = number of periods : 15 x 12 = 180
Future value : 3250 x [(1.003^180) - 1] / 0.003 = 774,171.92
The second step is to determine the present value of this future annuity:
774, 171.92 / (1.036^15) = $455,450.40
To learn more about annuities, please check: brainly.com/question/24108530
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Answer:
(3, 4) and (5, 12)
Step-by-step explanation:
The points where the two curves intersect are the solutions to the system of equations:
(3, 4) and (5, 12)
Answer:
The absoulute value is 4 and 6
Step-by-step explanation:
Every Absolute value is a postive number
