Is there a picture for this if so can you post it
Hi there
The formula of the future value of annuity ordinary is
Fv=pmt [(1+r/k)^(kn)-1)÷(r/k)]
Fv future value?
PMT monthly payment 608
R interest rate 0.06
K compounded monthly 12
N time 6years
So
Fv=608×(((1+0.06÷12)^(12×6)
−1)÷(0.06÷12))
=52,536.58...answer
Good luck!
Answer:
The graph in the attached figure
Step-by-step explanation:
we have

This is the equation of the line
To graph a line we need two points
<em>Find the intercepts</em>
1) The y-intercept is the value of y when the value of x is equal to zero
For x=0


The y-intercept is the point (0,3)
2) The x-intercept is the value of x when the value of y is equal to zero
For y=0


The x-intercept is the point (-1.5,0)
To draw the graph of the line plot the intercepts and join the points
using a graphing tool
see the attached figure
Answer:
The correct answer is D. 37.975.
Step-by-step explanation: