Answer:
interest earned= 292.878
the future value of an annuity= 892.878
Step-by-step explanation:
Given Data:
Interest rate= 5%
time,t = 8 years
Quarterly payment, P= 600
n= 4 as quarterly
At the end of 8 years, final investment A= ?
As per the interest formula
A= P(1+r/n)^nt
= 600(1+0.05/4)^32
= 892.878
Interest earned = A-P
= 892.878-600
= 292.878 !
area of a circle is PI x r^2
2 = d/2 = 5.4/2 = 2.7 cm
using 3.14 for PI
3.14 x 2.7^2 = 22.89 square inches
360 degree in a circle, shaded area is 180 degree, which is 50%
so 22.89 x .5 = 11.45 cm^2
Jackhammer =$25
Discount= 18%
Final Price= $25*0.82*1.06 = $ 21.73
