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weqwewe [10]
3 years ago
11

Find the present value of the annuity.

Mathematics
1 answer:
shusha [124]3 years ago
6 0

Pv=4,725×((1−(1+0.10÷2)^(−2
×15))÷(0.10÷2))=72,634.83
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13+x+195=13(x+15)...
LUCKY_DIMON [66]
First, let's expand the right side.  Now our equation is

13+x+195=13x+195

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We divide both sides by 12 to get x on its own, so x = 13/12 or 1.08
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