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dybincka [34]
3 years ago
6

Fiona deposits $4,000 at the end of each year in an account earning 2.15% interest, compounded annually. What is the future valu

e of this annuity after 5 years of investing
Mathematics
1 answer:
7nadin3 [17]3 years ago
7 0
The formula of the future value of annuity ordinary
Fv=pmt [(1+r)^(n)-1)÷r]
Fv future value
Pmt payment per year 4000
R interest rate 0.0215
N time 5 years

Fv=4,000×(((1+0.0215)^(5)−1)÷(0.0215))
fv=20,878.69
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faust18 [17]
0.5 < x < 16.5 given: Two sides of triangle: 8.0 units and 8.5 units
Measure of third side = x
According to the triangle's inequality,
Sum of any two sides > third side. (i)
Difference between the sides < third side. (ii)
If x is the third side, then
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i.e. x< 16.5
Also, x > 8.5-8 [Using (ii)]
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2 years ago
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fredd [130]

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7 0
3 years ago
Please I need Help!!! I need someone to help me do markdown's!!!
marta [7]

Answer:

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I hope this helped! :D

7 0
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tangare [24]
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