Annuity formula is given by:
FV=P[(1+r)^n-1]/r
FV=future value
r=rate
n=time
P=principle
Plugging the value from the question we obtain:
FV=10000[(1+0.07)^6-1]/0.07
FV=71,532.91
Thus the current value of the annuity is given by:
A=p(1+r)^n
plugging in the values we obtain and solving for p we get:
71532.91=p(1+0.07)^6
p=71532.91/(1.07)^6
p=$47665.40
Hence the answer:
B] $47665
I’m not too sure but I think it’s C
Answer:
once
Step-by-step explanation:
since the equation is liner, with x simply to the first power, it will only cross the x axis once. x^2 would cross the x axis twice, x^3 would cross it three times, and so on
The answer is 32. You have four trays each have 8 bars so multiply 8 and 4.
8*4=32
Answer:
y=5x-3
Step-by-step explanation:
