Answer:
- value: $66,184.15
- interest: $6,184.15
Step-by-step explanation:
The future value can be computed using the formula for an annuity due. It can also be found using any of a variety of calculators, apps, or spreadsheets.
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<h3>formula</h3>
The formula for the value of an annuity due with payment P, interest rate r, compounded n times per year for t years is ...
FV = P(1 +r/n)((1 +r/n)^(nt) -1)/(r/n)
FV = 5000(1 +0.06/4)((1 +0.06/4)^(4·3) -1)/(0.06/4) ≈ 66,184.148
FV ≈ 66,184.15
<h3>calculator</h3>
The attached calculator screenshot shows the same result. The calculator needs to have the begin/end flag set to "begin" for the annuity due calculation.
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<h3>a) </h3>
The future value of the annuity due is $66,184.15.
<h3>b)</h3>
The total interest earned is the difference between the total of deposits and the future value:
$66,184.15 -(12)(5000) = 6,184.15
A total of $6,184.15 in interest was earned by the annuity.
<h3>
Answers:</h3>
The first ordered pair is ( -4 , -3 )
The second ordered pair is ( 8, 3 )
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Explanation:
The first point is (x,-3) where x is unknown. It pairs up with y = -3 so we can use algebra to find x
x-2y = 2
x-2(-3) = 2 ... replace every y with -3; isolate x
x+6 = 2
x = 2-6
x = -4
The first point is (-4, -3)
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We'll do something similar for the other point. This time we know x but don't know y. Plug x = 8 into the equation and solve for y
x-2y = 2
8-2y = 2
-2y = 2-8
-2y = -6
y = -6/(-2)
y = 3
The second point is (8, 3)
The Quadrilateral ABCD with coordinates (3, 1), (4, 4), (7, 5), (6, 2) is a rhombus because its length and width are both square root of 10 units and adjacent sides are not perpendicular. This can be seen by plotting the points you can either plot it or by using programs.
I hope this helps, God bless, and have a great day!
Brainliest is always appreciated :)
Answer: $104
Step-by-step explanation:
https://quizlet.com/_25qqj5
this link may help with more questions
Answer:
27
Step-by-step explanation:
First find 2/3 of the original price
48*2/3 =32
Now subtract the coupon
32 -5
27
You will pay 27 dollars before tax
