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brilliants [131]
3 years ago
8

Find the present value of the annuity.

Mathematics
1 answer:
larisa [96]3 years ago
6 0
Yeah

Pv=6,225×((1−(1+0.08÷4)^(−4
×6))÷(0.08÷4))=117,739.19

Hope it helps
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PROMPT: Two friends got jobs after college which paid them on different pay schedules. Jamie's job paid her $35 an hour, while M
Monica [59]

Answer:

Jamie

E = 35H

Michael

E = 4,500M

Step-by-step explanation:

Jamie's job paid her $35 an hour, while Michael's job had a $4,300 monthly salary.

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** There is a mistake in the figures you gave for Michael. There are two different figures but I will go with 4,500

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