Based on the information, Christian would have $5525.5 of an annuity.
<h3>How to calculate the annuity?</h3>
According to the given information, the number of coffees per week is 3 then, per month is 3x4 = 12
Each coffee is $4.5. Then monthly expenditure for coffees is 12 x 4.5 = $54
Rate of interest r = 1.6% = 1.6/100 = 0.016 and for monthly compounding r = 0.016/12 = 0.00133
n = number of payments = 8 x 12 = 96
We can use the formula for finding the future value as below
FV = C x [ ( 1 + r )n-1 ] / ( r )
FV = 54 x [ ( 1 + 0.00133 )96 – 1 ] / (0.00133)
= 54 x [ (1.13609 - 1)] / (0.00133)
= 54 x 0.13609 / (0.00133)
= 54 x 102.3233
= 5525.5
Therefore Christian would have $5525.5 of the annuity.
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Answer:
55
Step-by-step explanation:
The absolute value of -30 is 30 and the absolute value of 25 is 25.
So you will end up with 30 + 25 which is 55.
8n
Hope it helps, good luck
Area=14.6
To find a trapezoid
Top +Bottom /2 multiplied by height
So 2.5+ 4.8= 7.3
7.3/2= 3.65
3.65x4=14.6
OK so basically when converting 2 meters per second to kilometers per hour you will get 7.2 kilometers per hour. OK so times that by 4 and you will get 28.8 kilometers in 4 hours.