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.
Learn more about annuity on:
brainly.com/question/5303391
#SPJ1
All triangles equal 180 so the answer would be set up as follows:
180-60-90 (right triangle) = 30 degrees
30 degrees is the answer
Answer:
The Answer is A, a line segment that has both endpoints on a circle.
Step-by-step explanation:
<span>Los minerales se consideran gemas si son raros , clara y brillante.
</span>
Answer:
Step-by-step explanation:
Let the equation of the cosine function is,
y = Acos(Bx)
From the graph attached,
A = Amplitude = 
= 1
B = 
B = 
B = 
B = 4
Therefore, equation of the cosine wave given in the graph will be,
y = 1.Cos(4x)
y = Cos(4x)