Based on the information, Christian would have $5525.5 of an annuity.
<h3>How to calculate the annuity?</h3>
According to the given information, the number of coffees per week is 3 then, per month is 3x4 = 12
Each coffee is $4.5. Then monthly expenditure for coffees is 12 x 4.5 = $54
Rate of interest r = 1.6% = 1.6/100 = 0.016 and for monthly compounding r = 0.016/12 = 0.00133
n = number of payments = 8 x 12 = 96
We can use the formula for finding the future value as below
FV = C x [ ( 1 + r )n-1 ] / ( r )
FV = 54 x [ ( 1 + 0.00133 )96 – 1 ] / (0.00133)
= 54 x [ (1.13609 - 1)] / (0.00133)
= 54 x 0.13609 / (0.00133)
= 54 x 102.3233
= 5525.5
Therefore Christian would have $5525.5 of the annuity.
Learn more about annuity on:
brainly.com/question/5303391
#SPJ1
I believe the answer is 1.2
Answer:
i expert answer
Step-by-step explanation:its slope
Answer:
Step-by-step explanation:
The equation 
represents the discriminant of a quadratic. It is the part taken from under the radical in the quadratic formula.
For any quadratic:
- If the discriminant is positive, or greater than 0, the quadratic has two solutions
- If the discriminant is equal to 0, the quadratic has one distinct real solution (the solution is repeated).
- If the discriminant is negative, or less than 0, the quadratic has zero solutions
In the graph, we see that the equation intersects the x-axis at two distinct points. Therefore, the quadratic has two solutions and the discriminant must be positive. Thus, we have 
.
In 3 hours, they could bake 87 birthday cupcakes. If you divid 145 by 5 this gives you 29, and you multiply this by 3 to find how many can be made in 3 hours, which gives you 87:) hope this helps!
