Answer: 180
Step-by-step explanation:
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!
Answer:
b
Step-by-step explanation:
Answer:
or 1.5
Step-by-step explanation:
Now we know it's a dilation. So we can use any two points. I chose V and V'.
V: (3,6)
V': (2,4)
So how we get from 6 to 4?
You can tell it's 1.5 aswell because 4 times 1 is 4 and 4 times 0.5 is 2. Add them to get 6.
Therefore, the dilation factor is 1.5.
Answer:
r=.57
Step-by-step explanation:
