The formula of the future value of annuity ordinary is
Fv=pmt [(1+r/k)^(kn)-1)÷(r/k)]
Fv future value?
PMT payment 6200
r interest rate 0.06
K compounded semiannual 2
N time 5 years
Fv=6,200×(((1+0.06÷2)^(2×5)) ÷(0.06÷2))=277,742.72
Hope it helps
Answer:
3,18 4,27
Step-by-step explanation:
The length of the building in the scale drawing is 31. 25 Inches
<h3>How to determine the value</h3>
From the information given, we have that;
- Scale drawing was used
- 0. 25 inches represents 2 feet
- The length of the building is 250 feet
Then,
If 0. 25 inches = 2 feet
Then x inches = 250 feet
cross multiply
x × 2 = 0. 25 × 2500
Multiply through, we have;
2x = 62. 5
Make 'x' the subject by dividing both sides by 2
2x/2 = 62. 5/ 2
x = 31. 25 Inches
Thus, the length of the building in the scale drawing is 31. 25 Inches
Learn more about scale drawing here:
brainly.com/question/25324744
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