Based on the information, Christian would have $5525.5 of an annuity.
<h3>How to calculate the annuity?</h3>
According to the given information, the number of coffees per week is 3 then, per month is 3x4 = 12
Each coffee is $4.5. Then monthly expenditure for coffees is 12 x 4.5 = $54
Rate of interest r = 1.6% = 1.6/100 = 0.016 and for monthly compounding r = 0.016/12 = 0.00133
n = number of payments = 8 x 12 = 96
We can use the formula for finding the future value as below
FV = C x [ ( 1 + r )n-1 ] / ( r )
FV = 54 x [ ( 1 + 0.00133 )96 – 1 ] / (0.00133)
= 54 x [ (1.13609 - 1)] / (0.00133)
= 54 x 0.13609 / (0.00133)
= 54 x 102.3233
= 5525.5
Therefore Christian would have $5525.5 of the annuity.
Learn more about annuity on:
brainly.com/question/5303391
#SPJ1
45 / 3 = 15
45 - 15 = 30
30 / 5 = 6
6 x 2 = 12
30 - 12 = 18
The answer is D:18
Answer:
38.8 litres
Step-by-step explanation:
22.6 + 18.7 = 41.3
41.3 - 2.5 = 38.8
38.8 litres
Answer:
emily has saved 75.25 so far for a new phone. the cell phone that she want costs 102.19
How much more money does she need to purchase a phone?
The Correct Answer Is $ 26.94
xXxAnimexXx
Have a great day!
Answer:

Step-by-step explanation:
In order to add or subtract numbers in scientific notation, the powers of ten must have the same exponent. In this caes the diameter of an average human body cell is a power of -4 and the diameter of a plant cell is a power of -3. In order to add them, we can move the decimal over for the body cell diameter:

Add the two values: 