Answer:
- value: $66,184.15
- interest: $6,184.15
Step-by-step explanation:
The future value can be computed using the formula for an annuity due. It can also be found using any of a variety of calculators, apps, or spreadsheets.
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<h3>formula</h3>
The formula for the value of an annuity due with payment P, interest rate r, compounded n times per year for t years is ...
FV = P(1 +r/n)((1 +r/n)^(nt) -1)/(r/n)
FV = 5000(1 +0.06/4)((1 +0.06/4)^(4·3) -1)/(0.06/4) ≈ 66,184.148
FV ≈ 66,184.15
<h3>calculator</h3>
The attached calculator screenshot shows the same result. The calculator needs to have the begin/end flag set to "begin" for the annuity due calculation.
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<h3>a) </h3>
The future value of the annuity due is $66,184.15.
<h3>b)</h3>
The total interest earned is the difference between the total of deposits and the future value:
$66,184.15 -(12)(5000) = 6,184.15
A total of $6,184.15 in interest was earned by the annuity.
Answer:
82 .
Step-by-step explanation:
9x 10 = 90 then 90-8 = 82 that how many spaces are filled .
If you are just simplifying it it would be 6x because it's 5x plus one more x but if you are trying to find x then I have no idea
There isn’t any correct answer
Step-by-step explanation:
Simplifying
3(3w + -5) = 12
Reorder the terms:
3(-5 + 3w) = 12
(-5 * 3 + 3w * 3) = 12
(-15 + 9w) = 12
Solving
-15 + 9w = 12
Solving for variable 'w'.
Move all terms containing w to the left, all other terms to the right.
Add '15' to each side of the equation.
-15 + 15 + 9w = 12 + 15
Combine like terms: -15 + 15 = 0
0 + 9w = 12 + 15
9w = 12 + 15
Combine like terms: 12 + 15 = 27
9w = 27
Divide each side by '9'.
w = 3
Simplifying
w = 3