The formula of the future value of annuity due is
A=p [(1+r/k)^(kn)-1)/(r/k)]×(1+r/k)
A future value of annuity due
P payment 125
R interest rate 0.0375
K compounded monthly 12
N time 8 years
Solve for A
A=125×(((1+0.0375÷12)^(12
×8)−1)÷(0.0375÷12))×(1
+0.0375÷12)
=14,012.75

<u>Step-by-step explanation:</u>
The vertex form of an absolute value equation is:
where
(h, k) is the vertex. In the given equation,
, the h-value is 1/2 and the k-value is -2.
So, the vertex (h, k) = (1/2, -2)
3. 9a+9b
4. 3n+21
5. 30+2q
6. ab+8a
Step-by-step explanation:
56809.35946 must be paid back