Hi there
The formula of the future value of annuity ordinary is
Fv=pmt [(1+r/k)^(kn)-1)÷(r/k)]
Fv future value?
PMT monthly payment 608
R interest rate 0.06
K compounded monthly 12
N time 6years
So
Fv=608×(((1+0.06÷12)^(12×6)
−1)÷(0.06÷12))
=52,536.58...answer
Good luck!
Well, things like sporting events, or freak storms are measured in days, or weeks. Depends. For weather, it could be hurricanes, tornado's, or even large fires(not quite weather, but could be)
You solve by with by altitude! Hope it helps
1 ) The first person will have $17. The second person will have $34 and the third person will $29.
