Answer:
$9891.23
Step-by-step explanation:
The formula for future value of annuity due is:
![FV=P[\frac{(1+r)^{n}-1}{r}]*(1+r)](https://tex.z-dn.net/?f=FV%3DP%5B%5Cfrac%7B%281%2Br%29%5E%7Bn%7D-1%7D%7Br%7D%5D%2A%281%2Br%29)
Where,
- FV is the future value of the annuity (what we need to find)
- P is the periodic payment (here it is $400)
- r is the interest rate per period (here 13% yearly interest is actually
percent per period(quarter)) - n is the number of periods (here the annuity is for
years, which is 
periods, since quarterly and there are 4 quarters in 1 year)
Substituting all those values in the equation we get:
![FV=400[\frac{(1+0.0325)^{18}-1}{0.0325}]*(1+0.0325)\\=400[23.9497]*(1.0325)\\=9891.23](https://tex.z-dn.net/?f=FV%3D400%5B%5Cfrac%7B%281%2B0.0325%29%5E%7B18%7D-1%7D%7B0.0325%7D%5D%2A%281%2B0.0325%29%5C%5C%3D400%5B23.9497%5D%2A%281.0325%29%5C%5C%3D9891.23)
Hence, the future value of the annuity due is $9891.23
Answer:
Step-by-step explanation:
Simplify:
Group same factor:
Add :
Apply the distributive law: -(a+b) = -a - b
Group same factor:
Subtract:
Add:
Group same factor:
Hence answer =
<u><em>~lenvy~</em></u>
Answer:
x = 6
Step-by-step explanation:
Given that F is between E and G , then
EF + FG = EG , substitute values
2x - 2 + 6x = 6x + 10 , that is
8x - 2 = 6x + 10 ( subtract 6x from both sides )
2x - 2 = 10 ( add 2 to both sides )
2x = 12 ( divide both sides by 2 )
x = 6
Answer:
it is an example of an expression
Step-by-step explanation:
it is an example of an expression because it is asking a question without an equal sign. so its not a question, but an expression
