I would say to add the 2 prices together and that would be your answer!
So your answer is 261.81!
Hope this helps!
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.
__
<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.
__
<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:
B) First, find two areas using (4m x 10m = 40m2) and (8m x 3m = 24m2). Next, add (40m2 + 24m2 = 64m2).
Step-by-step explanation:
Samuel should is looking to find the area of his basement in order to cover it with carpet.
An area is calculated by multiplying two dimensions (so answers A and D are not it).
Best solution is to divide the area into two large rectangles then ADD them together to get the total area.
The only scenario where he could have subtracted something based on his plan is if he would have multiplied the 10m by the 12m then subtracted the area that is not part of his basement (7mx8m). He would have achieved the same result of course, but by going a different way.
Ummm search it up on google it should be on there
<span>C. 80 simulations would be the most likely to reproduce results predicted by probability theory. Due to the law of large numbers, as the number of trials increase, the actual ratio of outcomes will converge on the theoretical, or expected, ratio of outcomes.</span>