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!
Answer:
Step-by-step explanation:
It says Renita takes minutes to ride half a mile.
She leaves 30 minutes before school.
Total distance is
In
Therefore total time to reach school will be 5 x 5 = 25minutes.
Since she leaves 30minutes before school. She will reach 5minutes early before school.
Answer:
You have 44$, your brother has 11$.
Step-by-step explanation:
Let 
be the amount of money your brother has.
Since you have four times the amount of money your brother has, we can call the amount of money you have 
.
Thus, you have:
Step-by-step explanation:
f(x) = |x-7| + 3
when x is equal to 4, then
f(4) = |4-7| + 3
=-3+3
=0
Answer:
6 vertices for triangular prisms.
