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3 years ago

Is 1.61 kilometers a foot

Mathematics

1 answer:

Alex73 [517]3 years ago

6 0

No, it's a little more than that.

1.61 kilometers is 5,282.2 feet.

That's about 2.2 feet longer than 1 mile.

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Find the value of annuity if the periodic deposit is $1500 at 8% compounded semiannually for 22 years

Jet001 [13]

Answer:

The value of annuity is $P_v = \$ 32058$

Step-by-step explanation:

From the question we are told that

The periodic payment is $P = \$ 1500$

The interest rate is $r = 8\% = 0.08$

Frequency at which it occurs in a year is n = 2 (semi-annually )

The number of years is $t = 22 \ years$

The value of the annuity is mathematically represented as

$P_v = P * [1 - (1 + \frac{r}{n} )^{-t * n} ] * [\frac{(1 + \frac{r}{n} )}{ \frac{r}{n} } ]$ (reference EDUCBA website)

substituting values

$P_v = 1500 * [1 - (1 + \frac{0.08}{2} )^{-22 * 2} ] * [\frac{(1 + \frac{0.08}{2} )}{ \frac{0.08}{2} } ]$

$P_v = 1500 * [1 - (1.04 )^{-44} ] * [\frac{(1.04 )}{0.04} ]$

$P_v = 1500 * [1 - 0.178 ] * [\frac{(1.04 )}{0.04} ]$

$P_v = \$ 32058$

8 0

3 years ago

Nancy borrowed $24000 from the State Bank to buy a scooter. If the rate of interest be 12% per annum, what payment will she have

aivan3 [116]

Answer:

the future value is $47,371.74

Step-by-step explanation:

Given that

The borrowed amount is $24,000

The rate of interest is 12% per annum

The time period is of 6 years

We need to find out the payment made i.e. future value

So as we know that

Future value = Present value × (1 + rate of interest)^no of years

= $24,000 × (1 + 0.12)^6

= $24,000 × 1.12^6

= $47,371.74

Hence, the future value is $47,371.74

4 0

3 years ago

Which expression is equivalentito (f 94)?

Digiron [165]

Answer:

abxskFj

Step-by-step explanation:

a respuesta an cuando (f 94)=94

6 0

3 years ago

ice for the 11.5-ounce package: $3.19 per ounce ice for the 30.6-ounce package: $7.98 per ounce which is the better buy:

djyliett [7]

The 30.6 ounce because it would be less money for more as if you bought 3 11.5 once packages trying to spend less you would end up spending more

5 0

3 years ago

If 7 units represent 98 liters, find the value of 15 units

klemol [59]

7/98 = 15/x so if you cross multiply and divide you get 15(98) divided by 7 which means x=86.47...

5 0

4 years ago