Answer:
The value of annuity is 
Step-by-step explanation:
From the question we are told that
The periodic payment is 
The interest rate is 
Frequency at which it occurs in a year is n = 4 (quarterly )
The number of years is 
The value of the annuity is mathematically represented as
![P_v = P * [1 - (1 + \frac{r}{n} )^{-t * n} ] * [\frac{(1 + \frac{r}{n} )}{ \frac{r}{n} } ]](https://tex.z-dn.net/?f=P_v%20%20%3D%20%20P%20%2A%20%20%5B1%20%20-%20%281%20%2B%20%5Cfrac%7Br%7D%7Bn%7D%20%29%5E%7B-t%20%2A%20n%7D%20%5D%20%2A%20%5B%5Cfrac%7B%281%20%2B%20%5Cfrac%7Br%7D%7Bn%7D%20%29%7D%7B%20%5Cfrac%7Br%7D%7Bn%7D%20%7D%20%5D)
(reference EDUCBA website)
substituting values
![P_v = 250 * [1 - (1 + \frac{0.05}{4} )^{-10 * 4} ] * [\frac{(1 + \frac{0.05}{4} )}{ \frac{0.08}{4} } ]](https://tex.z-dn.net/?f=P_v%20%20%3D%20250%20%2A%20%20%5B1%20%20-%20%281%20%2B%20%5Cfrac%7B0.05%7D%7B4%7D%20%29%5E%7B-10%20%2A%204%7D%20%5D%20%2A%20%5B%5Cfrac%7B%281%20%2B%20%5Cfrac%7B0.05%7D%7B4%7D%20%29%7D%7B%20%5Cfrac%7B0.08%7D%7B4%7D%20%7D%20%5D)
![P_v = 250 * [1 - (1.0125 )^{-40} ] * [\frac{(1.0125 )}{0.0125} ]](https://tex.z-dn.net/?f=P_v%20%20%3D%20%20250%20%2A%20%20%5B1%20%20-%20%281.0125%20%29%5E%7B-40%7D%20%5D%20%2A%20%5B%5Cfrac%7B%281.0125%20%29%7D%7B0.0125%7D%20%5D)
![P_v = 250 * [0.3916 ] * [\frac{(1.0125)}{0.0125} ]](https://tex.z-dn.net/?f=P_v%20%20%3D%20%20250%20%2A%20%20%5B0.3916%20%5D%20%2A%20%5B%5Cfrac%7B%281.0125%29%7D%7B0.0125%7D%20%5D)
Bill's age = x
Eya's age = 3x - 5
Eya is 28
28 = 3x - 5
28 (+5) = 3x -5 (+5)
33 = 3x
33/3 = 3x/3
x = 11
Bill = x
x = 11
Bill is 11 years old
hope this helps
To get an equivalent fraction, multiply the fraction by a whole number. For example, you can do 2/3 times 2 to both sides which is 4/6.
11c-8
11c is the product of both 11 and c, and the 8 less than the product is shown with -8
