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!
we know that
when you want to figure out a tip, you take your total bill and multiply it by the percentage you would like to tip them
so
15%=15/100------> 0.15
$63*0.15=$9.45
the answer is
$9.45
5.B
6.D
7.A
8.B
9.A
10.C hsvs whehsg