Based on the amount the annuity pays per month and the APR, the value of the annuity today is $133,349.85.
<h3>What is the present value of the annuity?</h3>
First, find the present value of the annuity at 5 years:
= 1,850 x present value interest factor of annuity, 60 months, 8/12%
= 1,850 x 49.32
= $91,242
Then find the present value of the annuity from 5 years till date:
= (1,850 x present value interest factor of annuity, 60 months, 12/12%) + ( 91,242) / (1 + 1%)⁶⁰)
= (1,850 x 44.955) + ( 91,242) / (1 + 1%)⁶⁰)
= $133,349.85
Find out more on the present value of annuities at brainly.com/question/24097261.
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Answer:
1.2
Step-by-step explanation:
First, you cancel out 
to become 
Then that becomes 
Now, you convert the element to a decimal form to be 
Finally, you subtract them (because a negative plus a positive is subtraction) to get the final answer of 1.2
Hope this helps!
Answer:
1. 37
2. Supplementary
3. Complementary
4. 17
5. 22
Step-by-step explanation:
Answer:
price = x * 0.2
or
price = x * 0.454 * 0.2
Step-by-step explanation:
In this case we must know either the mass of the cake or its volume.
Given the case that we know the mass of the cake, it would be:
price = x * 0.2
where x is the mass of the cake in ounces, that is to say if for example a cake has a mass of 10 ounces, it would be:
price = 10 * 0.2 = 2
which means that each cake costs $ 2
Given the case of the volume, we must first multiply the density by this volume in order to calculate the mass and finally the price.
price = x * 0.454 * 0.2
where x is the volume of the cake in cubic inches, if for example the volume is 10 cubic inches it would be:
price = 10 * 0.454 * 0.2 = 0.908
which means that each cake costs $ 0.9
Answer:
Step-by-step explanation:
Look at the picture.
ΔADC and ΔCDB are similar. Therefore the sides are in proportion:
We have
Substitute:
<em>cross multiply</em>
For x use the Pythagorean theorem:
