First calculate the future value of the annuity
The formula to find the future value of an annuity ordinary is
Fv=pmt [((1+r/k)^(kn)-1)÷(r/k)]
Fv future value?
PMT quarterly payment 1500
R interest rate 0.12
K compounded quarterly 4
N time 4 years
Fv=1,500×(((1+0.12÷4)^(4×4)
−1)÷(0.12÷4))
=30,235.32
Now compare the amount of the annuity with amount of the gift
30,235.32−30,000=235.32
So as you can see the amount of the annuity is better than the amount of the gift by 235.32
Second offer is better
Hope it helps!
The percent of time the photographer spent negotiating with the bison greater than the time he spent taking pictures is 500%
<h3>Percentage</h3>
- Time spent taking pictures = 5 minutes
- Time spent negotiating = 30 minutes
Percentage of time negotiating greater than taking pictures = (difference in time) / time to take pictures × 100
= (30 - 5) / 5 × 100
= 25/5 × 100
= 5 × 100
= 500%
Learn more about percentage:
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The sum (addition) of t and 2 is equal to (=) 5 less than (subtraction) t
2 + t = t - 5
Answer:
where is the graph?
Step-by-step explanation:
I can't see the graph so I can't answer!
