Answer:
x=14
Step-by-step explanation:
create an equation out of it. 4x+2x-6=90. Or 6x=84
<em>See above information</em>
I am joyous to assist you anytime.
The answer should be -4,
7x2=14
2x-9=-18
14+ -18= -4
First calculate the future value of the annuity
The formula to find the future value of an annuity ordinary is
Fv=pmt [((1+r/k)^(kn)-1)÷(r/k)]
Fv future value?
PMT quarterly payment 1500
R interest rate 0.12
K compounded quarterly 4
N time 4 years
Fv=1,500×(((1+0.12÷4)^(4×4)
−1)÷(0.12÷4))
=30,235.32
Now compare the amount of the annuity with amount of the gift
30,235.32−30,000=235.32
So as you can see the amount of the annuity is better than the amount of the gift by 235.32
Second offer is better
Hope it helps!
