Answer:
Future value of annuity (FV) = $13,782.12 (Approx)
Step-by-step explanation:
Given:
Periodic payment p = $500
Interest rate r = 13% = 13%/4 = 0.0325 (Quarterly)
Number of period n = 5 x 4 = 20 quarter
Find:
Future value of annuity (FV)
Computation:
![Future\ value\ of\ annuity\ (FV)=p[\frac{(1+r)^n-1}{r} ] \\\\Future\ value\ of\ annuity\ (FV)=500[\frac{(1+0.0325)^{20}-1}{0.0325} ] \\\\Future\ value\ of\ annuity\ (FV)=13,782.1219 \\\\](https://tex.z-dn.net/?f=Future%5C%20value%5C%20of%5C%20annuity%5C%20%28FV%29%3Dp%5B%5Cfrac%7B%281%2Br%29%5En-1%7D%7Br%7D%20%5D%20%5C%5C%5C%5CFuture%5C%20value%5C%20of%5C%20annuity%5C%20%28FV%29%3D500%5B%5Cfrac%7B%281%2B0.0325%29%5E%7B20%7D-1%7D%7B0.0325%7D%20%5D%20%5C%5C%5C%5CFuture%5C%20value%5C%20of%5C%20annuity%5C%20%28FV%29%3D13%2C782.1219%20%5C%5C%5C%5C)
Future value of annuity (FV) = $13,782.12 (Approx)
Answer:
350 calories
Step-by-step explanation:
divide 50 by 3 then multiply that number by 21.
Answer:
3.2
Step-by-step explanation:
1000 grams in a kilogram
3200/1000=3.2
Answer:
-36x+114
Step-by-step explanation:
Answer:
A :-) Given -
perimeter = 65 inches
Side ‘a’ = 2x
Side ‘b’ = 3 1 by 4x + 1
Solution -
Perimeter = 65
= a + b = 65
= 2x + 3 1 by 4x + 1 = 65
( 3 1 by 4 = 4 x 3 + 1 = 12 + 1 by 4
= 13 by 4 )
= 2x + 13 by 4x + 1 = 65
= 2x + 13 by 4x = 65 - 1
= 2x + 13 by 4x = 64
= 15 by 4 x = 64
= x = 64 x 4 by 15
= x = 256 by 15
= x = 17.06
.:. The value of x = 17.06.
